GIT plans to invest 10 million yuan to acquire shares in the RISC-V server chip research and development company Bluecore Computing

According to the announcement from GIT (300465.SZ), the company has recently signed an "Investment Agreement" with Bluecore Computing (Shenzhen) Technology Co., Ltd. (referred to as "Bluecore Computing") and its shareholders, based on the company's strategic layout. The company will invest RMB 10 million in Bluecore Computing using its own funds, of which RMB 111,500 will be included in the registered capital, and the remaining amount will be included in the capital reserve. Upon completion of this transaction, Bluecore Computing will become an associate company of the company, with the company directly holding 0.6729% of its equity (subject to the change registration by the market supervision and administration department).

Bluecore Computing is a company engaged in the research, design, and sales of RISC-V server chips (CPU + AI). The enterprise is committed to providing high-performance, high-reliability, and highly customizable AI intelligent computing server solutions and technical support for global data centers, cloud computing, enterprise applications, AI, and large model applications. Bluecore Computing is a member of the RISC-V Working Committee of the China Electronic Industry Standardization Technology Association and is a domestic leader in the field of RISC-V server chip design.

The financial technology industry in which the company operates is an important area for implementing national self-control and innovation requirements, and it is also a major application direction for domestic technological innovation practices. The demand for domestic CPU servers that meet national innovation requirements is enormous each year. The company is one of the core suppliers in the domestic innovation field for many large financial institutions. In the future, as Bluecore Computing's RISC-V domestic CPU servers gradually enter mass production, the company will become a potential sales partner for Bluecore Computing. Additionally, based on the company's accumulation of software business in the financial technology field, the company hopes to integrate its solutions with Bluecore Computing's chip technology in the future to create customized CPU design solutions based on financial institution application scenarios, thereby better meeting the business needs of financial clients