New stock news | Sea Horse Cloud submits second application to Hong Kong Stock Exchange

According to the disclosure by the Hong Kong Stock Exchange on January 30, Anhui Qiming Information Technology Co., Ltd. (referred to as Qiming Cloud) has submitted its listing application to the main board of the Hong Kong Stock Exchange, with CICC and Zhongyin International as its joint sponsors. This is the company's second submission to the Hong Kong Stock Exchange. The prospectus shows that Qiming Cloud is the largest GPUaaS provider of cloud gaming real-time cloud rendering services in China. Qiming Cloud has established a robust GPU-based computing infrastructure and platform software capabilities, which are the foundation and pillar of the company's services. Cloud gaming is the company's main and most mature business application, and the company's full-stack real-time cloud rendering technology empowers the gaming industry. With this foundation, the company has explored expanding its capabilities to other scenarios that require high-performance real-time graphics rendering (such as pan-entertainment, digital cultural tourism, digital education, AIGC, XR, live streaming, and e-commerce). According to data from ZHONG Insight, based on revenue projections for 2024, Qiming Cloud ranks first among real-time cloud rendering service providers in the cloud gaming scene in China, with a market share of 17.9%.