Xiangdixian announced that the new round of financing has made significant progress

Xiangdixian, a domestic GPU chip company, announced on December 26 that with the firm support of new and old shareholders and the joint efforts of all employees, its new round of financing has made significant progress. This round of financing will provide the necessary financial support for the company's mass production, tape-out, R&D and market business expansion of the new generation of products. In addition, after the company properly handled the issue of unpaid wages for resigned employees, many old employees expressed a strong desire to return, and social recruitment has also begun. Xiangdixian was established in September 2020 and is headquartered in Chongqing. It has established R&D centers in Beijing, Shanghai, Chongqing, Chengdu, Suzhou and other places. The company focuses on the design of high-performance general/special processor chips and has obtained more than 100 national invention patents. According to the list of Chongqing unicorn companies in 2024, Xiangdixian's valuation has reached US$2.169 billion (approximately RMB 15 billion).