Shanghai Enflame Technology's application to list on Shanghai's STAR Market has been approved by the Shanghai Stock Exchange (SSE) listing review committee, according to its prospectus. According to NS3.AI, the prospectus states that Enflame plans to raise 6 billion yuan.
The company said it intends to use the proceeds to fund fifth- and sixth-generation AI chip projects, as well as an AI software-hardware innovation project.
AI TRENDS | Enflame's STAR Market IPO Wins SSE Review Approval, Prospectus Targets 6 Billion Yuan Raise
2026-06-15 15:09:14
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