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'Four Dragons of Domestic GPU' Enflame CN STAR Mkt IPO Accepted w/ Plans to Raise ~RMB6B
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Enflame, one of the 'Four Dragons of Domestic GPU', had its STAR market IPO accepted, according to information from the Shanghai Stock Exchange (SSE). Enflame planned to raise approx. RMB6 billion to invest in R&D and industrialization projects for its fifth-generation AI chip series products and sixth-generation AI chip series products, as well as advanced AI hardware & software collaborative innovation project. TTENCENT (00700.HK) is currently the Company's largest shareholder, with a shareholding ratio of 19.9%. AASTOCKS Financial News Website: www.aastocks.com |
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