
Understanding the Market | Yidu International rises over 8% as Muxi Co., Ltd. is about to be reviewed; Yidu's subsidiary, Suanfeng Information, has a close relationship with Muxi

Yidu International rose over 8% again, as of the time of writing, up 5.01%, reported at HKD 5.03, with a transaction volume of HKD 7.5896 million. In terms of news, Muxi Co., Ltd. will hold a meeting on October 24 (this Friday). As one of the "Four Little Dragons of Domestic GPUs," Muxi Co., Ltd. is one of the leading manufacturers of high-performance general-purpose GPUs in China. The prospectus shows that the funds raised by Muxi Co., Ltd. will be used for three aspects: research and development and industrialization of new high-performance general-purpose GPUs, research and development and industrialization of the next generation of artificial intelligence inference GPUs, and research and development of high-performance GPU technology aimed at cutting-edge fields and emerging application scenarios. Public information shows that Hong Kong Suanfeng Information Co., Ltd. is a wholly-owned subsidiary of the Hong Kong-listed company Yidu International, which has invested in companies such as Muxi and Yunhe Zhihui. In addition, Suanfeng Information is the general agent for Muxi in Hong Kong; it cooperatively launched the Xiyun C550 Shanghai Cube 128 card cabinet; based on Muxi chips, it operates the "Harvest No. 1/2/3" computing power clusters in Shanghai and Hong Kong, with a cumulative operating scale of over 3,000 cards. Among them, the Harvest No. 1 thousand-card cluster is located in the UCloud Qingpu Data Center
According to the Zhitong Finance APP, Yidu International (00259) has risen over 8% again, and as of the time of writing, it is up 5.01%, priced at HKD 5.03, with a transaction volume of HKD 7.5896 million.
In terms of news, Muxi Co., Ltd. will hold a meeting on October 24 (this Friday). As one of the "Four Little Dragons of Domestic GPUs," Muxi Co., Ltd. is one of the leading manufacturers of high-performance general-purpose GPUs in China. The prospectus shows that the funds raised by Muxi Co., Ltd. will be used for three aspects: research and development and industrialization of new high-performance general-purpose GPUs, research and development and industrialization of the next generation of artificial intelligence inference GPUs, and research and development of high-performance GPU technology aimed at cutting-edge fields and emerging application scenarios.
Public information shows that Hong Kong Suanfeng Information Co., Ltd. is a wholly-owned subsidiary of the Hong Kong-listed company Yidu International, which has invested in companies such as Muxi and Yunhe Zhinet. In addition, Suanfeng Information is the general agent for Muxi in Hong Kong; it cooperatively launched the Xiyun C550 Shanghai Cube 128 card cabinet; and operates the "Harvest No. 1/2/3" computing power clusters in Shanghai and Hong Kong based on Muxi chips, with a cumulative operating scale of over 3,000 cards. Among them, the Harvest No. 1 thousand-card cluster is located in the UCloud Qingpu Data Center

