Last of China’s Four Leading Domestic GPU Makers Lists on STAR Market, Raises 6.119 Billion Yuan

The last of China’s four leading domestic GPU makers has officially listed on the Shanghai Stock Exchange’s STAR Market, with an issue price of 142.18 yuan per share and total funds raised of about 6.119 billion yuan, according to Jiemian News. The company said the proceeds will mainly be used to develop and industrialize its fifth- and sixth-generation AI chip product lines, as well as an advanced AI hardware-software co-innovation project. The company focuses on DSA-architecture cloud AI chips and said it has developed four generations of architecture and five cloud AI chips over the past eight years, while the listing brings all four leading domestic GPU companies to the capital market. Jiemian News also noted that Southern Asset Management’s Zheng Xiaoxi is tracking semiconductor supply-chain opportunities, with her Southern Information Innovation Hybrid fund’s second-quarter 2026 report showing holdings including Jingce Electronic, Hwatsing Technology and Huahong Grace, while its Southern Semiconductor Industry Stock fund held companies including Kingsemi and Wavelength Opto-Electronic.