On January 18, Moxis Integrated Circuits (Shanghai) Co., Ltd. (hereinafter referred to as "Moxis") announced its agreement with Huatai United Securities for listing coaching, marking the official commencement of its A-share IPO process. This coaching period will encompass three stages spanning approximately six months. Moxis becomes the fourth AI chip company to announce an A-share IPO launch since the latter half of 2024, following Suyuan Technology, Biren Technology, and Moore Threads. Amidst this flurry of activity, domestic AI chip companies are eagerly seeking entry into capital markets to secure greater developmental momentum. The global digital economy's rapid advancement has fueled an unprecedented surge in demand for high-performance computing. In its Q4 2024 financial report, TSMC, an industry bellwether, reaffirmed the robust demand for AI chips and projected that revenues from AI acceleration chips will double year-on-year in 2025.