CoinScoopEnflame Technology to Launch IPO on Shanghai Stock Exchange STAR Market on September 2
Enflame Technology (燧原科技), one of China's leading GPU developers, will begin its online subscription process for an IPO on the Shanghai Stock Exchange STAR Market on September 2. The company plans to issue approximately 43.04 million shares to raise 6 billion yuan, aiming to fund the development of its fifth and sixth-generation AI chips. Enflame Technology is recognized as one of the 'Four Little Dragons' of domestic GPUs alongside Moore Threads (摩尔线程), MetaX (沐曦股份), and Biren Technology (壁仞科技).