{"slug": "ai-chipmaker-enflame-sets-sept-2-ipo-subscription-date", "title": "AI chipmaker Enflame sets Sept. 2 IPO subscription date", "summary": "Enflame Technology, a Chinese AI chip developer, will open subscriptions for its Shanghai STAR Market IPO on Sept. 2, issuing 43.04 million new shares (10% of post-issue capital) to raise RMB6 billion. The funds will support development of its fifth- and sixth-generation AI chips and hardware-software collaboration projects. The IPO has passed listing review and registration approval, though the company is not yet profitable.", "body_md": "Enflame Technology, a Chinese developer of AI chips and related computing systems, will open [online and offline subscriptions](https://finance.eastmoney.com/a/202608263853540582.html) for its Shanghai STAR Market IPO on Sept. 2. The company plans to issue 43.04 million new shares, or 10% of its post-issue share capital, and aims to raise RMB6 billion.\n\nThe planned offering will fund the development and commercialization of Enflame’s fifth- and sixth-generation AI chips, along with projects focused on AI hardware-software collaboration. The company develops cloud AI processors, accelerator modules, computing systems and related software.\n\nEnflame’s IPO application has passed the Shanghai Stock Exchange listing review and received registration approval from China’s securities regulator. The company has not yet turned profitable. [[Eastmoney](https://finance.eastmoney.com/a/202608263853540582.html), in Chinese]", "url": "https://wpnews.pro/news/ai-chipmaker-enflame-sets-sept-2-ipo-subscription-date", "canonical_source": "https://technode.com/2026/08/26/ai-chipmaker-enflame-sets-sept-2-ipo-subscription-date/", "published_at": "2026-08-26 06:57:25+00:00", "updated_at": "2026-08-26 07:13:52.671751+00:00", "lang": "en", "topics": ["ai-chips", "ai-infrastructure", "ai-startups"], "entities": ["Enflame Technology", "Shanghai STAR Market", "Shanghai Stock Exchange"], "alternates": {"html": "https://wpnews.pro/news/ai-chipmaker-enflame-sets-sept-2-ipo-subscription-date", "markdown": "https://wpnews.pro/news/ai-chipmaker-enflame-sets-sept-2-ipo-subscription-date.md", "text": "https://wpnews.pro/news/ai-chipmaker-enflame-sets-sept-2-ipo-subscription-date.txt", "jsonld": "https://wpnews.pro/news/ai-chipmaker-enflame-sets-sept-2-ipo-subscription-date.jsonld"}}