Exposure of some venture capital behind the "domestic GPU duopoly"

Recently, "domestic GPU giants" Moore Thread and Muxi Holdings have successively landed on the Sci-Tech innovation board, reigniting the investment craze in the hard-tech sector and attracting high market attention. Securities Times reporters have learned that several insurance funds have indirectly invested in these two companies through private equity channels. In response to this, industry insiders stated that these are just a glimpse of insurance funds actively investing in the Sci-Tech field. Muxi Holdings, one of the "four little dragons" in China's GPU market, has become the "most profitable new stock" after its IPO. Securities Times reporters found that at least 13 insurance funds were involved in Muxi Holdings' investment institutions. Muxi Holdings' IPO prospectus shows that Guoshou (Shenzhen) Technology Innovation Private Equity Investment Fund Partnership Enterprise Science and Technology Private Equity holds 3.417 million shares of Muxi Holdings, with a post-IPO ownership ratio of 0.85%. Guoshou (Shenzhen) Technology Innovation Private Equity is a subsidiary of China Life Insurance. In addition to Guoshou shares, there are also investments from 4 other insurance funds in their partner enterprises.