"Loongson" is the earliest high-performance general-purpose processor series developed in China, which began to be developed in 2001 at the Institute of Computing of the Chinese Academy of Sciences, and has been strongly supported by the Chinese Academy of Sciences, 863, 973, nuclear high-tech and other projects, and has completed ten years of core technology accumulation.
In 2010, the Chinese Academy of Sciences and the Beijing Municipal Government jointly led the investment, Loongson Zhongke Technology Co., Ltd. was formally established, began market-oriented operation, aiming to industrialize the research and development results of Loongson processors.
Now, the development of Loongson Zhongke in the marketization seems to have gone further.
Last night, the Listing Committee of the Science and Technology Innovation Board announced that Loongson Zhongke Technology Co., Ltd. was first launched on December 17, which means that another domestic chip company is about to go public.
According to Loongson's prospectus, Loongson Zhongke's public offering of new shares will not exceed 41 million shares, accounting for no less than 10% of the total share capital after the issuance, and will raise 3.512 billion yuan for advanced process chips, high-performance graphics chips and other projects.
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