The leading Chinese server Longtou Super Fusion is actively preparing for the relevant work of listing.
According to media reports, leading domestic server company Super Fusion Digital Technology Co., Ltd. (referred to as Super Fusion) is actively preparing for its IPO.
According to media reports, the domestic server leader Fusionex Super Fusion Digital Technology Co., Ltd. (referred to as Super Fusion) is actively preparing for its upcoming IPO. Information from multiple recruitment websites shows that Super Fusion recently released a position for "Financial Expert (IPO Operation)", although the position has since been renamed. According to internal sources at Super Fusion, in September this year, the company launched another large-scale equity distribution for core employees, possibly to stabilize talent after going public.
Based on the job information on recruitment websites, candidates are required to have experience in financial management of listed companies, and have been directly involved in the release of annual reports, quarterly reports, and consolidated financial statements of listed companies, as well as familiar with the establishment of listed company systems and financial system management.
It is reported that Super Fusion was established in 2021 and is headquartered in Zhengzhou, Henan Province. Super Fusion's predecessor was Huawei's X86 server business. In 2021, due to US sanctions, Huawei's X86 server business faced challenges. Huawei divested this business and established Fusionex Super Fusion Digital Technology Co., Ltd., which is now controlled by Henan State-owned assets. Since then, Super Fusion has independently developed and focused on computing power infrastructure and services.
Super Fusion's business includes servers, operating systems, large model acceleration engines, hyper-converged solutions, high-performance computing solutions, and has deployed 10 R&D centers and 6 supply centers globally, establishing 6 global technology service centers and 7 regional offices, serving more than 10,000 customers in over 100 countries and regions worldwide.
In response to the booming development trend of the computing power industry, Super Fusion has achieved good performance. At the strategic release conference held by Super Fusion earlier this year, the company announced that it aims to surpass 30 billion in sales revenue by 2024, and reach 40 billion; it remains in the second place in the Chinese server market, ranks first in the AI server market, and has achieved a compound annual growth rate of over 50% in overseas markets over the past three years. Internet revenue has grown tenfold in three years, operator revenue has tripled, and various vertical industries have achieved breakthroughs in the size of TOP customers.
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