---
format: "aidr-story-markdown/v1"
id: "fc345e87c87561b66876164227a7816f499f2e34ac1f215d93876c6fc9db96f7"
canonical_url: "https://aidr.today/fc345e87?lang=en"
title: "AI server maker xFusion gets approval from the Shenzhen Stock Exchange for a ChiNext IPO; filing: the company aims to raise ~$1.2B by issuing up to 220M shares (Sangmi Cha/Bloomberg)"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
translation_fallback: null
fallback_fields: []
published_at: "2026-11-13T09:35:00.000Z"
category: "Funding"
topics: ["funding"]
source_urls: ["https://www.techmeme.com/261113/p6"]
summary: "AI server maker xFusion received approval from the Shenzhen Stock Exchange for a ChiNext IPO. The company aims to raise ~$1.2B by issuing up to 220M shares."
---

# AI server maker xFusion gets approval from the Shenzhen Stock Exchange for a ChiNext IPO; filing: the company aims to raise \~$1\.2B by issuing up to 220M shares \(Sangmi Cha/Bloomberg\)

> [Open the canonical story](<https://aidr.today/fc345e87?lang=en>)

**Published:** 2026-11-13T09:35:00.000Z
**Category:** Funding
**Topics:** funding

## Summary

AI server maker xFusion received approval from the Shenzhen Stock Exchange for a ChiNext IPO\. The company aims to raise \~$1\.2B by issuing up to 220M shares\.

## Sources

- [Story source](<https://www.techmeme.com/261113/p6>)