Muxi Co., Ltd. expects revenue of 1.64 billion yuan in 2025. The next-generation chip C600 will achieve fully domestic manufacturing processes.

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[Caixin] On the evening of March 26, Muxi Co., Ltd. (688802.SH) released its first annual report since going public, showing a revenue of 1.64 billion yuan in 2025, a year-on-year increase of 121.26%; the net loss attributable to shareholders, excluding non-recurring items, was 830 million yuan, a reduction in loss of 210 million yuan compared to the previous year.

The annual report indicates that the revenue growth was mainly driven by an increase in the shipment volume of GPU (graphics processing unit) products. Muxi’s product line includes the C series GPU for training and inference integration, the N series GPU for intelligent computing inference, and the G series GPU for graphics rendering. In 2025, Muxi’s training and inference integration GPU sales reached 33,600 units, a year-on-year increase of 147.31%; inference GPU sales were 4,946 units, with a year-on-year increase of over 800%.

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