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xFusion Passes Shenzhen IPO Review, Plans 8 Billion Yuan Raise

xFusion Digital Technologies has passed the Shenzhen Stock Exchange’s listing committee review, clearing a key step toward an IPO as demand for AI computing infrastructure grows. The server maker plans to raise 8 billion yuan, equivalent to $1.20 billion.

By Money Talk·November 13, 2026·2 min read·213 reads

xFusion Passes Shenzhen IPO Review, Plans 8 Billion Yuan Raise

The committee said in a statement dated Thursday that xFusion met requirements for share issuance, listing and disclosure. The exchange operator did not say when the IPO might take place.

xFusion provides computing infrastructure and supplies servers to enterprise customers. Its prospectus reported revenue of 58.25 billion yuan in 2025 and 37.29 billion yuan in the first half of 2026.

xFusion Passes Shenzhen IPO Review, Plans 8 Billion Yuan Raise

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