Journalists learned from the industrial chain that LiSuan Technology, a GPU manufacturer under Dongxin Shares, recently completed the first batch of orders for its self-developed 7G100 series GPU chips. The delivered products were primarily for clients in the digital twin industry. This milestone marks the series' transition from mass production to a new phase of commercialization, injecting fresh momentum into the industrialization of domestically produced high-performance graphics rendering chips.
Public information shows that the LiSuan Technology 7G100 series GPU officially commenced mass production on September 15, 2025, utilizing TSMC's advanced 6nm process. Its core competitiveness lies in being built on the self-developed TrueGPU TianTu architecture and instruction set, featuring key capabilities such as multi-task parallel processing and intelligent out-of-order rendering. With these technical advantages, the series precisely covers three core application scenarios: cloud gaming, smart cockpits, and digital twins. The first order delivery in the digital twin sector further confirms its high alignment with industry demands.
Tracing the development journey of Lishan Technology's first GPU chip, its commercialization process has been steadily advancing. On May 26, 2025, Lishan Technology executives revealed that the first GPU chip had completed packaging and successfully powered on, marking a crucial step in development. On November 14, Dongxin Semiconductor disclosed in its investor relations activity records that Lishan Technology was conducting customer sampling, testing optimization, product production, and market promotion efforts around the 7G100 chip, with all processes progressing as planned. On November 29, Dongxin Semiconductor announced that Lishan Technology "has not yet generated revenue," but supply chain information indicated that some customers had completed small-scale shipments and initiated deployment, with related revenue expected to gradually appear in financial statements starting from the fourth quarter of 2025.
It is worth noting that the equity synergy layout between Lichang Technology and Dongxin Co., Ltd. provides strong support for its commercialization. Both parties hold 37.88% of the equity, forming a balance and co governance pattern. Dongxin's main storage chip business and Lixian Technology's GPU design form a complementary industrial chain. Through DRAM interface adaptation and software hardware collaborative optimization, it effectively reduces research and development costs and improves product performance. This "storage+computing" ecological closed-loop model also provides a reference path for domestic semiconductor enterprises to break through core technologies and achieve industrialization.
Industry insiders analyze that the first batch of 7G100 series chips delivered this time is not only an important breakthrough for the development of Lichang Technology itself, but also fills the gap in the commercial application of domestic high-performance graphics rendering chips in the field of digital twins. With the gradual implementation of subsequent customer deployments and the continuous release of revenue, Lichang Technology is expected to occupy an important position in the competition of domestic GPUs, further promoting the independent and controllable process of domestic computing infrastructure.
