According to Odaily Planet Daily, the Shanghai Stock Exchange's official website shows that Shanghai Suiyuan Technology Co., Ltd.'s (hereinafter referred to as "Suiyuan") IPO application on the Science and Technology Innovation Board has passed the review of the exchange's listing review committee. Suiyuan initiated its IPO tutoring in August 2024 and completed the tutoring acceptance in January of this year. Notably, the company changed its tutoring institution from China International Capital Corporation (CICC) to CITIC Securities in October of last year, and its listing application was accepted by the Shanghai Stock Exchange on January 12, 2025. The prospectus shows that Suiyuan Technology plans to raise 6 billion yuan, which will be invested in the R&D and industrialization of fifth-generation AI chip series products, the R&D and industrialization of sixth-generation AI chip series products, and advanced artificial intelligence software and hardware collaborative innovation projects. (Caixin)
AI chip company Suiyuan Technology has passed the IPO review on the Science and Technology Innovation Board.
2026-06-15 14:43:17
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