Raised funds of 9.148 billion, domestic CPU manufacturer Haiguang Information officially entered the science and technology innovation board
On November 8, the Shanghai Stock Exchange officially accepted the listing application of domestic CPU manufacturer Haiguang Information Technology Co., Ltd. (hereinafter referred to as “Haiguang Information”) on the Science and Technology Innovation Board.
According to the data, Haiguang Information was established in 2014. It is mainly engaged in the research and development of high-end processors, accelerators and other computing chip products and systems. Its CPU series products are compatible with the x86 instruction set and international mainstream operating systems and application software, and have been widely used in In important industries or fields such as telecommunications, finance, Internet, education, transportation, etc., the products include Haiguang general-purpose processor (CPU) and Haiguang co-processor (DCU).
Inspur and H3C are the top five customers
In recent years, Haiguang Information’s revenue has grown rapidly. According to data, from 2018 to the first half of 2021, Haiguang Information’s operating income was 48.2514 million yuan, 379 million yuan, 1.022 billion yuan and 571 million yuan respectively.
It should be pointed out that although revenue is growing steadily, Haiguang Information is still in a state of loss. During the reporting period, Haiguang Information’s net profit attributable to shareholders of the parent company was -124 million yuan, -82.9046 million yuan, -39.1445 million yuan and -41.7168 million yuan, net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses They were -175 million yuan, -92.6312 million yuan, -95.1908 million yuan and -67.7491 million yuan.
Haiguang Information said that high-end processors belong to capital-intensive fields and cutting-edge technology fields, with huge investment in early research and development. The main reasons for the company’s continued losses are the company’s large research and development expenditures and the large amount of share-based payment expenses accrued from equity incentives. During the reporting period, Haiguang Information’s cumulative R&D investment reached 4.053 billion yuan, accounting for 200.56% of R&D revenue.
With huge capital investment, Haiguang Information has also achieved good research and development results.
According to reports, as of the end of the reporting period, Haiguang CPU series products Haiguang 1 and Haiguang 2 have been commercialized, Haiguang 3 is in the verification stage, and it is expected to start commercial sales in 2022, and Haiguang 4 is in the research and development stage. At the same time, the Haiguang DCU series product Shensuan No. 1 has achieved small batch production, and it is expected to start commercial sales in the second half of 2021. Shensu No. 2 is in the research and development stage.
At present, Haiguang’s high-end processor products have been widely recognized by domestic industry users, and gradually developed domestic well-known server manufacturers such as Inspur, Lenovo, H3C, and Tongfang. From January to June 2021, the top five customers of Haiguang Information include Vishijiajie, Inspur Information, Xinhua San, etc.
Raised 9.1 billion yuan to accelerate domestic replacement of high-end CPUs
At present, my country’s integrated circuit industry is mainly concentrated in low-end products, and high-end processors rely heavily on imports. According to customs statistics, in recent years, China’s integrated circuit imports have ranked after imported products, and the lack of high-end domestic processors has laid huge hidden dangers for my country’s information security and industrial security. The realization of independent control of core technologies and key software and hardware products has imminent.
The prospectus (declaration draft) shows that Haiguang Information plans to raise funds of 9.148 billion yuan this time, which will be used for the research and development of a new generation of Haiguang general-purpose processors, a new generation of Haiguang coprocessors, and the construction of an advanced processor technology research and development center after deducting the issuance costs. , as well as technology and development reserve funds.
The board of directors of Haiguang Information believes that the performance, energy efficiency ratio and functions of the new generation of Haiguang general-purpose processors and Haiguang co-processors will further narrow the gap with the international top level. The new generation of Haiguang general-purpose processors and Haiguang coprocessors will be widely used in big data processing, artificial intelligence, commercial computing and other fields, as well as in key industries such as telecommunications, finance, Internet, education, and transportation, to promote the application and promotion of high-end processors in my country .
Haiguang Information said that in the future, the company will continue to focus on the research and development of Haiguang CPU and Haiguang DCU chips. Through continuous research and innovation, it will meet customers’ needs for high-end processors, achieve leap-forward development of the company, create good returns for shareholders, and contribute to society. beneficial value.
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