Enflame Technology, a leading Chinese cloud AI chip enterprise, completed its initial public offering on the Sci-Tech Innovation Board (STAR Market) of the Shanghai Stock Exchange on September 11, 2026. The company publicly issued 43,035,173 shares at 142.18 yuan per share, raising approximately 6.119 billion yuan. The proceeds will fund R&D and industrialization of 5th and 6th-generation AI chip series, as well as collaborative innovation projects in AI software and hardware. With this listing, Enflame joins the "Four Little Dragons of Shanghai AI Chips" in the capital market.
Company Information
Company
Enflame Technology
Location
Shanghai, China
About
Enflame Technology is a leading Chinese cloud AI chip enterprise founded in March 2018 and headquartered in Shanghai. The company has independently developed 5 generations of cloud AI chips with 4 architectural iterations, offering a complete product portfolio including AI chips, acceleration cards, intelligent computing systems, and AI software platforms. It is recognized as one of the "Four Little Dragons of Shanghai AI Chips" and was listed on the Shanghai Stock Exchange's STAR Market in September 2024.
Don't miss Enflame Technology's next move
Get an email the moment Enflame Technology raises, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
Predictive Intelligence
Strategic
ML-powered predictions for Enflame Technology's next move
ShanghaiSoftwareArtificial IntelligenceMachine Learning