Domestic AI chip company Suiyuan Technology has officially launched A-share listing guidance, marking a new stage in the development of China's AI computing power chip field. This listing is another important milestone after completing ten rounds of financing with a valuation of 16 billion yuan, demonstrating China's significant progress and vigorous development in the field of core artificial intelligence technology. Suiyuan Technology focuses on the research and development of AI cloud computing power products. Its products cover AI accelerator cards, intelligent computing clusters and related software platforms. It has profound technology accumulation and strong R&D strength. It has been favored by many institutions such as Tencent and the National Semiconductor Fund. favor.
Recently, another big news has come in the field of AI computing chips! Domestic AI chip design company Suiyuan Technology (full name: Shanghai Suiyuan Technology Co., Ltd.) has officially launched the guidance process for A-share listing. According to the latest announcement from the China Securities Regulatory Commission, Suiyuan Technology signed a listing coaching agreement with CICC on August 23, officially launching the A-share IPO process.
According to the data, Suiyuan Technology was founded in 2018 and focuses on the research and development of cloud computing products in the field of artificial intelligence. Their products cover AI accelerator cards, intelligent computing clusters, and related software and platforms. The company’s founders, Zhao Lidong and Zhang Yalin, both have profound technical backgrounds. Zhao Lidong graduated from Tsinghua University and worked in the semiconductor industry in Silicon Valley for more than 20 years, while Zhang Yalin worked at AMD for 11 years and accumulated rich engineering experience.
One year after its establishment, Suiyuan Technology launched the first-generation AI training chip Sisi 1.0. Now it has developed to the second generation Sisi 2.0 and has developed a variety of AI inference chips.
Since its establishment, Suiyuan Technology has completed ten rounds of financing in just six years, with a total financing amount of nearly 7 billion yuan. According to the "2024 Global Unicorn List" released by Hurun Research Institute, Suiyuan Technology's valuation has reached 16 billion yuan, ranking 482nd in the world.
Currently, Tencent, the National Semiconductor Fund and a number of state-owned institutions are shareholders of Suiyuan Technology, of which Tencent is the largest shareholder with a shareholding ratio of approximately 20.49%.
The future of Suiyuan Technology is highly anticipated. The founders have the same shareholding ratio, each holding 10.83% of the shares, and a total of 32.51% of the voting rights. Currently, no single shareholder controls more than 30% of the shares.
** Highlights: **
Suiyuan Technology has launched A-share listing guidance, marking the beginning of its IPO process.
The company focuses on the research and development of AI computing chips and has launched a variety of training and inference chips.
Suiyuan Technology completed ten rounds of financing in just six years, totaling nearly 7 billion yuan, and its valuation reached 16 billion yuan.
The successful listing of Suiyuan Technology will further promote the development of China's AI industry, inject strong impetus into the advancement of China's AI chip technology, and also provide valuable experience and reference for other AI companies. We look forward to Suiyuan Technology achieving greater achievements in its future development.