According to Bloomberg, domestic GPU company Suiyuan Technology officially listed on the STAR Market of the Shanghai Stock Exchange today, with its stock price surging on the first day of trading, propelling founders Zhao Lidong and Zhang Yalin into the ranks of billionaires. Suiyuan Technology currently employs fewer than 900 people and has not yet achieved profitability since its establishment in 2018, relying on just one major client. Nevertheless, investors, optimistic about the prospects of the AI sector, have poured capital into the company. In addition to the two founders, Tencent is the largest shareholder of Suiyuan Technology and also its biggest client.
