Axera Technology Semiconductor Co., Ltd. (referred to as "Axera Technology") has passed the listing hearing of the Main Board of The Stock Exchange of Hong Kong Limited, with China International Capital Corporation Hong Kong Securities Limited, Guotai Junan Financing Limited, and Bank of Communications International (Asia) Limited acting as its joint sponsors.

According to its prospectus, Axera Technology is a supplier of artificial intelligence ("AI") inference system-on-chip ("SoC") products, focusing on creating high-performance perception and computing platforms for edge computing and end-device AI applications.

The core technology of Axera Technology's SoC products is the Axera Neutron mixed-precision neural processing unit ("NPU"), a specialized processing architecture that delivers excellent AI inference performance through advanced mixed-precision computing.

Complementing the mixed-precision NPU is Axera Technology's Axera Proton AI-ISP, the world's first commercially deployed AI image signal processor on a large scale.

Axera Technology operates on a fabless model, focusing exclusively on chip design and sales.

Since its inception, Axera Technology has achieved select key results, including being the world's largest provider of mid-to-high-end visual edge AI inference chips by 2024 shipment volume, according to Frost & Sullivan data.

In 2024, Axera Technology shipped 9.3 million AI inference SoCs.

As of September 30, 2025, Axera Technology had independently developed and commercialized five generations of SoCs, covering dozens of variants, which have achieved mass production in visual terminal computing, smart automotive, and edge AI inference applications.

The company primarily focuses on AI inference chips related to terminal computing, smart automotive applications, and edge AI inference, all of which are segments within the broader AI inference chip market.

Financially, for the years 2022, 2023, 2024, and the nine months ended September 30, 2025, Axera Technology's revenues were approximately RMB 50.23 million, RMB 230 million, RMB 473 million, and RMB 269 million, respectively.

During the same periods, its annual/intra-period losses were approximately RMB 612 million, RMB 743 million, RMB 904 million, and RMB 856 million, respectively.