Business & Finance
Chinese chipmaker Enflame jumps 206 percent in Shanghai market debut
Shares in the Tencent-backed processor firm surged during its public debut, CNBC reports.
The short version
- Enflame shares jumped 206% in their Shanghai trading debut following substantial retail demand.[CNBC]
- The firm's initial retail share offering received orders exceeding available supply by more than 6,000 times before additional shares were allocated.[CNBC]
- The listing establishes public trading for the final member of China's four little dragons of AI chipmakers.[CNBC]
- Despite generating 990 million yuan in 2025 revenue, the semiconductor designer has not yet turned a profit.[CNBC]
Key facts
- Enflame stock surged 206% during its initial public debut on the Shanghai market.[CNBC]
- The company's initial retail offering drew purchase orders exceeding 6,000 times available shares prior to reallocation.[CNBC]
- Backed by Tencent, Enflame is the last of China's 'four little dragons' AI chip firms to complete a public listing.[CNBC]
- International chipmakers led by Nvidia held roughly 60% of the Chinese AI accelerator market in 2025 according to IDC data cited in the prospectus.[CNBC]
- Enflame posted 990 million yuan in revenue for 2025 but remains unprofitable.[CNBC]
What remains uncertain
- It remains unknown when Enflame will reach profitability given its ongoing lack of net profit.[CNBC]
Sources
Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.