Haiguang Information submits listing application to the STAR Market
On November 8, the Shanghai Stock Exchange website disclosed that Hygon Information Technology Co., Ltd. (hereinafter referred to as "Hygon Information") has applied for listing on the STAR Market and has been accepted.
Established in 2014, Hygon Information is a leading domestic server chip company. Its main business is the research, development, and sales of high-performance processor chips used in servers, workstations, and other computing and storage devices. Its main products include two major series: Hygon general-purpose processors (CPUs) and Hygon co-processors (DCUs). In terms of CPUs, Hygon Information can independently design high-end, mid-range, and low-end product series of X86 architecture products. It has processor products in the 7000, 5000, and 3000 series, featuring multiple cores, high performance, low power consumption, reliability, and a good ecosystem. These are widely used in telecommunications, finance, education, research, artificial intelligence, and big data fields. In terms of DCUs, Hygon Information uses a GPGPU architecture as a basis, compatible with common CUDA-like environments and international mainstream commercial computing and AI software. It boasts a rich software and hardware ecosystem, widely applicable in big data processing, AI, and commercial computing application fields.With the continuous expansion of its product line, Hygon Information's revenue has grown rapidly. Financial data shows that Hygon Information's operating revenue from 2018 to the first half of 2021 was 48.2514 million yuan, 379 million yuan, 1.022 billion yuan, and 571 million yuan, respectively. In the first half of this year, the company's top five clients included Inspur and H3C.In this IPO, Hygon Information plans to raise 9.148 billion yuan, issuing no more than 506.1 million shares (excluding the number of shares issued using the over-allotment option), to be invested in four projects: a new generation of general-purpose processors, a new generation of co-processors, an advanced processor technology research and development center, and technology and development reserve funds.Since the end of 2017, China Zhongji Investment has identified the national science and technology innovation industry as a key area of its investment portfolio, based on its judgment of domestic and international development trends. After learning about the equity financing news of the Hygon Information project, it firmly participated in a new round of financing for Hygon Information in June 2020. Hygon Information is a leading domestic enterprise focusing on the research and development of high-end X86 CPUs and DCU chips. Its X86 server CPUs have achieved large-scale commercial applications in key domestic industries such as telecommunications and finance. Its application for the STAR Market IPO has attracted significant market attention, and the market has high hopes for Hygon Information to continue to break through the bottleneck in the CPU field. Hygon Information stated that it will continue to focus on the R&D of CPU and DCU chips, meeting customer needs for high-end processors through continuous R&D innovation, achieving leapfrog development for the enterprise, creating good returns for shareholders, and contributing valuable value to society.
