Shuyuan Tech announces IPO subscription numbers, expected to raise RMB 6.119 billion.

iconTechFlow
Share
AI summary iconSummary
Shuyuan Tech's科创板 IPO subscription numbers were released on September 3, 2026, with an issue price of RMB 142.18 per share. The company aims to raise RMB 6.119 billion through 43,035,173 shares, generating 20,657 winning numbers. The funds will support the development of fifth- and sixth-generation AI chips. Investors tracking altcoins to watch may also monitor IPO sentiment, as the Fear & Greed Index remains a key barometer of market mood.

The winning numbers for Suoyuan Technology's STAR Market IPO were announced on the evening of September 3, with an issue price of RMB 142.18 per share and an expected fundraising amount of RMB 6.119 billion. A total of 43,035,173 shares were issued, generating 20,657 winning numbers. Founded in March 2018, Suoyuan Technology is one of the "Four Little Dragons" of domestic GPU manufacturers, alongside Moore Threads, Muxi Semiconductor, and Biren Technology. The raised funds will be used for projects including the research and development and industrialization of the fifth- and sixth-generation AI chips.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.