Domestic GPU track adds another strong contender, Muxi Technology plans to launch its IPO next week, joining the list of electronic stocks that have gone public this year.

date
09:35 30/11/2025
avatar
GMT Eight
Following the listing of the Moore Threads, Mu Xi Group, another leading GPU stock, has recently entered the final stage of the IPO process. According to its announcement, the company plans to publicly issue 40.1 million shares, accounting for 10.02% of the total share capital after the issuance. The preliminary inquiry date is December 2nd, with offline and online subscription dates set for December 5th.
Following Moore's Law, Mu Xi Stock, another leading GPU stock, has recently entered the final stage of the listing process. According to its announcement, the company plans to publicly issue 40.1 million shares, accounting for 10.02% of the total share capital after the issuance. The preliminary inquiry date is December 2nd, with offline and online subscription dates set for December 5th. Mu Xi Stock mainly engages in high-performance GPU business, with its main products covering artificial intelligence computing, general computing, and graphic rendering. The funds raised from this listing will be used for investment in projects such as the development and industrialization of "new high-performance general-purpose GPU", "next-generation artificial intelligence inference GPU", and "high-performance GPU technology research and development for cutting-edge fields and emerging applications". In terms of comparable companies, according to Mu Xi Stock's prospectus, overseas comparable companies include GPU manufacturers NVIDIA and AMD, and domestic industry-listed companies and companies preparing for listing such as Cambricon, Hygon Information Technology, Changsha Jingjia Microelectronics, Loongson Technology Corporation, and Moore Thread. Non-listed companies include Huawei's HiSilicon, Kunlun Chip, Pingtouge, Tiandu Zhixin, Bi Rong Technology, and Suiyuan Technology. Currently, the new stock market still maintains a record of no break on the first day. Looking at the electronics stocks listed this year, as of November 28th, a total of 15 stocks have been listed, with 8 stocks on ChiNext, 5 on the Sci-Tech Innovation Board, and 2 on the main board of the Shanghai Stock Exchange and the Beijing Stock Exchange. The average first-day increase for these stocks is 248.04%, with a median increase of 229.06%. Among them, Suzhou Topbest Precision Technology had the highest first-day increase at 479.12%, while Tongyu Advanced Materials on the ChiNext had the lowest increase at 128.05%. Note: First-day performance of electronics stocks listed this year (as of November 28th) Looking at the issuance data, the average issuance price for electronics stocks listed this year and Moore Thread, which is about to debut on the Sci-Tech Innovation Board, is 33.40 yuan, with a median issuance price of 22.04 yuan. Moore Thread had the highest issuance price at 114.28 yuan, ranking 11th among all new stocks in the electronic sector, only behind Suzhou Novosense Microelectronics, Dongguan Tarry Electronics, AoJie Technology, Bestechnic (Shanghai) Co., Ltd., Puya Semiconductor (Shanghai) Co., Ltd., Hwatsing Technology, Shanghai Prisemi Electronics, Suzhou Oriental Semiconductor, 3peak Incorporated, and Hi-Trend Technology. Note: Issuance data for electronics stocks listed this year and Moore Thread (as of November 28th) This article is reprinted from "Cai Lian She". GMTEight Editor: Xu Wenqiang.