According to reports, Chinese GPU manufacturer Denglin Technology is expected to go public in Hong Kong this year, aiming to raise between 300 million to 400 million USD

According to foreign media reports, Qualcomm-supported general GPU company Denglin Technology plans to go public in Hong Kong as early as this year, with a fundraising amount expected to be between $300 million and $400 million. It is reported that China International Capital Corporation, CITIC Securities, and Bank of China International will be responsible for arranging this listing application.

Denglin Technology was established in 2017 and focuses on the research and development of chips and technological innovation for high-performance general computing platforms. It claims that its core technology is entirely self-developed and is the first general GPU company in mainland China to achieve large-scale commercial deployment. Information shows that the company's shareholders include the China Internet Investment Fund initiated by the Cyberspace Administration of China and the Ministry of Finance, Qualcomm Ventures, Dongwei Semiconductor (688261.SH), Guangyuan Capital, Particle Future, and Silicon Harbor Capital