New Stock News | TianSu ZhiXin passed the hearing of the Hong Kong Stock Exchange, and the shipment volume of general GPU products continues to climb.

According to the disclosure by the Hong Kong Stock Exchange on December 19th, Shanghai Tianshu Zhixin Semiconductor Co., Ltd. (referred to as Tianshu Zhixin) is undergoing a listing hearing on the main board of the Hong Kong Stock Exchange, with Huatai International as the sole sponsor. The prospectus shows that Tianshu Zhixin provides general GPU products and AI computing solutions for different industries. The company's product portfolio mainly includes general GPU chips and acceleration cards, as well as customized AI computing solutions (including general GPU servers and clusters), combining the company's hardware with a proprietary software stack to meet specific requirements of customers in training and reasoning scenarios. According to Frost & Sullivan data, among Chinese chip design companies, Tianshu Zhixin is the first company to achieve mass production of general GPU chips for reasoning, the first company to achieve mass production of general GPU chips for training, and the first company to achieve such milestones using advanced 7nm process technology. In recent years, the development of AI, especially the rise of large language models, has driven a significant increase in computing power demand. In this context, general GPU products and solutions, with their parallel computing capabilities and adaptability to diverse computing tasks, have become widely adopted as key infrastructure to support large language models and deploy complex AI applications. To meet the increasing demand for general GPU brought about by the development of AI technology, Tianshu Zhixin strategically establishes its market position through the core concept of software-hardware synergy design. The company's hardware architecture seamlessly integrates various chips and cluster systems, while its high-speed multi-card cluster technology allows for scalability from single-node to large-scale deployment. The company's comprehensive software stack, including compilers, drivers, libraries, and frameworks, provides compatibility with mainstream general GPU programming ecosystems and platforms, requiring minimal code restructuring or modification for easy deployment. Through three generations of general GPU architecture iterations and continuous optimization of the software stack, the company has shown continuous progress in computing performance, extensive compatibility achieved through high-efficiency integration, and adaptability in diverse application scenarios. As of June 30, 2025, Tianshu Zhixin has served over 290 customers from different industries. The company's products and solutions have facilitated over 900 deployments and applications in important industries such as financial services, healthcare, and transportation, as well as supported industrial digital transformation from manufacturing to retail, and computing applications in basic research and education. The shipment volume of the company's general GPU products increased from 7.8 thousand pieces in 2022 to 12.7 thousand pieces in 2023, further increasing to 16.8 thousand pieces in 2024, and from 4.8 thousand pieces in the six months ending June 30, 2024 to 15.7 thousand pieces in the six months ending June 30, 2025. In terms of finances, in the fiscal years 2022, 2023, and 2024, as well as the six months ending June 30, 2025, Tianshu Zhixin achieved revenues of approximately 189 million, 289 million, 540 million, and 324 million RMB respectively; during the same periods, the company achieved gross profits of approximately 112 million, 143 million, 265 million, and 162 million RMB respectively.