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Story summary
- Yuanjie Semiconductor Technology benefited from the artificial intelligence (AI) infrastructure boom, with shares rising nearly ninefold in the past year.
- The Shaanxi-based company is pursuing a Hong Kong listing and has a market capitalization of about 94.6 billion yuan.
- Yuanjie ranks second in share price among mainland-listed firms behind Kweichow Moutai.
- Founded in 2013 by Zhang Xingang, Yuanjie specializes in laser chips for AI data centers and 5G infrastructure.
