The domestic AI chip sector has made a major breakthrough. On May 7, 2026, Kunlun芯 (Beijing) Technology Co., Ltd. officially announced the start of its listing guidance on the STAR Market. According to sources, this guidance is handled by China International Capital Corporation, and the entire guidance process is expected to last until the second half of 2026.
In fact, Kunlun芯's layout in the capital market has already entered a fast lane. As early as January 1, 2026, the company had submitted a confidential application for a main board listing to the Hong Kong Stock Exchange. The initiation of this STAR Market guidance marks Kunlun芯's official progress toward its grand plan of "A+H" dual-listing.
Kunlun芯 was originally the AI chip and architecture department of Baidu. Baidu remains its controlling shareholder. As a hard-tech benchmark nurtured within Baidu, Kunlun芯 has shown strong growth in financial performance in recent years. Its core market competitiveness stems from its strong product implementation capability, particularly through its Kunlun芯 P800 AI server solution, which has enabled the company to stand out in intense bidding processes.
In recent market expansion, Kunlun芯 has delivered an impressive performance. In the 2025 AI server procurement project with a total value exceeding 5 billion yuan by China Mobile, Kunlun芯 successfully secured the majority of the key segments. This landmark order not only verifies the commercialization strength of its products but also injects a strong confidence booster into its future performance.
Industry analysts are optimistic about Kunlun芯's future. According to forecasts from securities institutions, with the continued surge in AI computing power demand, Kunlun芯's full-year revenue in 2026 is expected to reach between 6.5 billion and 8.3 billion yuan. If it successfully completes the dual listing, Kunlun芯 will gain more abundant financial support, further solidifying its leading position in the high-performance computing field.
