Good news in the Chinese capital market, Shanghai Suiyuan Technology Co., Ltd. (referred to as "Suiyuan Technology"), a leading player in the domestic artificial intelligence (AI) computing chip industry, has successfully completed the registration of its IPO listing guidance on the Science and Technology Innovation Board (STAR Market) with the assistance of China International Capital Corporation Limited (CICC). This milestone event signifies that Suiyuan Technology, only established for six years, has taken a crucial step towards public financing and is expected to become another shining star on the STAR Market, following the success of Cambricon Technologies, leading a new chapter in the design of domestic AI computing power.

Since its establishment in March 2018, Suiyuan Technology has been deeply involved in the field of AI computing power. It has successfully launched two generations of high-performance product matrices for training and inference applications, including chips, boards, intelligent computing integrated machines, liquid-cooled computing clusters, and a complete set of software systems, demonstrating strong independent research and development capabilities and innovative strength, and maintaining a leading position in the industry.

The core management team of the company is composed of a group of elites with international vision and rich industry experience. CEO Zhao Lidong, with his outstanding track record at AMD and Tsinghua Unigroup, brings world-class strategic vision and technological accumulation to Suiyuan Technology. COO Zhang Yalin, based on his successful R&D experience at AMD, has led the team to achieve successful mass production of multiple key products, laying a solid technological foundation for the company's development.

The growth of Suiyuan Technology is inseparable from the strong support of the capital market. Up to now, the company has accumulated nearly 7 billion yuan in financing, attracting the favor of many well-known investment institutions, including Tencent, Meitu, Wuyuefeng Technology Innovation, and Redpoint China. Tencent, with a 20.4944% stake, has become the largest single shareholder of the company, reflecting the market's high recognition of Suiyuan Technology's future development potential.

In the commercialization process, Suiyuan Technology has demonstrated strong market competitiveness, with a wide range of customer base and rich application scenarios. Its products and solutions have been deeply integrated into more than 500 practical scenarios in various fields, including finance, the Internet, and AI large models, achieving a deep integration of technology and market. In particular, recently, the Yichang Dianjun Intelligent Computing Center supported by Suiyuan Technology has been successfully put into operation. It took only one year to complete the construction and delivery of a 300P domestic computing power, demonstrating the company's strong execution and commercial capabilities in the construction of intelligent computing centers.

Looking ahead, COO Zhang Yalin of Suiyuan Technology stated that in the face of the broad prospects of the AI computing power market, the company will continue to focus on the refinement of large models, industry implementation, and the integrated development of cloud, edge, and end, promoting the upgrade and iteration of domestic AI computing power products, and contributing to the prosperity of the Chinese AI industry. At the same time, the company will continuously optimize its ecological layout, strengthen cooperation and win-win partnerships with upstream and downstream partners in the industrial chain, and jointly create a new era of AI computing power.

With Suiyuan Technology officially entering the IPO stage, the industry is generally looking forward to its ability to leverage the power of the capital market to further accelerate technological innovation and market expansion, and contribute more "Chinese wisdom" and "Chinese solutions" to the AI computing power market in China and even globally.