"The 'Four Little Dragons' of China's Domestic GPUs Will All Gather in the Capital Market, as PyroGenesis Technology Opens for Subscription on September 2nd"

BlockBeats News, August 30th. According to the A-share issuance schedule, there will be 3 new listings available for subscription next week: on August 31st, Baoming Technology, a new stock on the Beijing Stock Exchange, can be subscribed to; on September 2nd, Siyuan Technology, a new STAR Market stock on the Shanghai Stock Exchange, can be subscribed to; on September 3rd, Xinnuovi, another new STAR Market stock on the Shanghai Stock Exchange, will be open for subscription. Among these, Siyuan Technology, along with Moore Threads, Muxi Technology, and Biren Technology, are collectively known as the "Four Little Dragons of China's Domestic GPU," with only Siyuan Technology yet to be listed. With the listing of Siyuan Technology, the "Four Little Dragons of China's Domestic GPU" will all be present in the capital market.

Previously, on the first day of trading, Moore Threads, Muxi Technology, and Biren Technology closed with gains of 425.46%, 692.95%, and 75.82%, respectively. Siyuan Technology disclosed in its prospectus that it plans to issue 43.035173 million shares, accounting for 10% of the total post-issue share capital, with a total post-issue share capital of about 430 million shares. This IPO is intended to raise 6 billion yuan, with the main investment going towards the research and industrialization of fifth and sixth-generation AI chip series products, as well as advanced artificial intelligence software and hardware collaborative innovation projects, continuing to strengthen the independent iteration of domestic computing power infrastructure.