Search
On December 3, 2025, Shenzhen Xihua Technology, backed by ABC International as its sponsor, formally submitted an application for an Initial Public Offering (IPO) to the Main Board of the Hong Kong Stock Exchange (HKEX). As a prominent provider of edge AI chips and solutions, Xihua Technology achieved a remarkable feat in 2024 by shipping 37 million AI Scaler chips. This accomplishment positioned the company as the global leader in terms of market share within the ASIC (Application-Specific Integrated Circuit) architecture Scaler chip segment. Nevertheless, it's worth noting that Xihua Technology is currently in a phase of ongoing financial losses. From 2022 through the first nine months of 2025, the company's cumulative losses have surpassed RMB 420 million.
-
C114 Communication Network -
Communication Home
