The application for a silicon-based mobile IPO in Hong Kong has been accepted by the China Securities Regulatory Commission, and the company has raised nearly 2.9 billion yuan this year.

Silicon-based mobile technology company's application for a Hong Kong IPO has been accepted by the China Securities Regulatory Commission (CSRC). The company has raised nearly 2.9 billion yuan this year. Its shareholders include China Internet Investment Fund, China Reform Fund, China Mobile Chain Builder Fund, China Orient Asset International, Beijing Energy Fund, and Shanghai Instrument & Electronics Intelligent Computing Fund, among others. Besides Huawei's Ascend chip, the company is deeply compatible with several domestically produced chips, including Moore's Labs and Muxi. (Source: Cailian Press)