China Zhongji Investment 2022 IPO Project Progress Series (I): Hai Guang Information
China Zhongji Investment is a comprehensive investment platform jointly invested and established by well-known private enterprises in Hebei Province, under the support of the CPC Hebei Provincial Committee and the Provincial Government, and under the guidance of the Hebei Provincial Federation of Industry and Commerce. It is managed and operated by seasoned investors and industry experts.
Since its establishment in 2016, guided by its founding principles, China Zhongji Investment has consistently sought long-term certainty amidst short-term uncertainty. With a technology-centric approach, the company proactively focuses on the future, implementing its vision through flexible yet rigorous systems. For six years, the company has maintained profitability and progressed alongside its partners.
Since 2022, three projects of China Zhongji Investment have already passed the review process, and several more are currently undergoing review. Starting today, we will gradually introduce these high-quality projects to help more people understand what China Zhongji Investment is doing, with the aim of creating a shared future.
On August 3, Haiguang Information Technology Co., Ltd. (hereinafter referred to as "Haiguang Information") will launch the online subscription for its planned issuance of 300 million new shares, nearing its listing on the STAR Market…
Today, let's take a closer look at Haiguang Information.
In terms of CPUs, Haiguang Information can independently design high-end, mid-range, and low-end product series based on the X86 architecture. It possesses 7000 series, 5000 series, and 3000 series processor products. The performance parameters of its processors are comparable to mainstream international counterparts. They support mainstream domestic and international operating systems, databases, virtualization platforms, and cloud computing platforms. They feature multi-core, high-performance, low-power consumption, security, reliability, and a good ecosystem. They are effectively compatible with millions of existing system software and application software based on the x86 instruction set, possessing an excellent ecosystem advantage. They have been widely used in telecommunications, finance, education, scientific research, artificial intelligence, and big data fields.
Vast Server Market, Huge Demand Driven by Technological Gaps and Security Risks
IDC data shows that in 2021, the sales value of China's server market reached US$25.09 billion, a year-on-year increase of 12.7%, leading the global market with a global market share of 25.3%, a year-on-year increase of 1.4 percentage points. At the same time, in 2021, the shipment volume of servers in China reached 3.911 million units, a year-on-year increase of 8.4%.
IDC predicts that the compound annual growth rate of China's overall server market will reach 12.7% in the next five years, and the overall market size is expected to reach US$42.47 billion in 2025. The X86 server market is expected to achieve a compound annual growth rate of 13.0% in the next five years, with a market size of US$41.42 billion in 2025.
Haiguang is the only domestic company with mature server X86 chip technology, and it uses the national cryptographic algorithm as a security mechanism, making its future application prospects extensive.
Rich Management Team, Deep Technological Accumulation
The company's team brings together talent from the Chinese Academy of Sciences (including some former members of the Loongson team), AMD, Intel, IBM, and other domestic and foreign companies. With four laboratories in Beijing, Shanghai, Chengdu, and Suzhou, it has established a complete chip research, development, testing, and experimental process, supporting the continuous research and development of Haiguang CPUs and DPUs, making it more attractive to users.
