On August 27, Beijing Li'er made an announcement regarding its investment in Xi Wang, a domestic full-stack self-developed chip company. Xi Wang has triumphantly achieved mass production of its first and second generations of high-performance GPU products. The company specializes in the research, development, and commercialization of GPUs, and its products boast applications in data center construction, distinguished by their superior performance and energy efficiency ratio among key technical indicators. According to reports, the next generation of high-performance chips from Xi Wang is anticipated to enter tape-out phase next year.