In 2026, the first A-share IPO application was accepted. Sichuang Technology plans to raise 6 billion RMB to expand its main business.

On January 22, the official website of the Shanghai Stock Exchange showed that the Shanghai Suiyuan Technology Co., Ltd.'s Science and Technology Innovation Board IPO application has been accepted, making it the first IPO to be accepted in the A-share market in 2026. It was disclosed that Suiyuan Technology plans to raise 6 billion yuan in this IPO, with China Securities as the sponsor. The funds raised are intended for future product research and development, business expansion, and supply chain security, in order to make the company bigger and stronger. Suiyuan Technology was founded in March 2018 and is the earliest established company among the "Four Little Dragons" of domestic GPUs, but the latest to IPO. Previously, Moore Thread and MuxiShares among the "Four Little Dragons" have already landed on the Science and Technology Innovation Board, while Birong Technology has landed on the Hong Kong Stock Exchange.