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Tencent Becomes Biggest Winner in Suiyuan Tech IPO

Tencent, the largest external shareholder of Suiyuan Technology, stands to gain over 12.6 billion yuan as the AI chip maker launches its IPO on the STAR Market. Tencent subscribed to 1.7471 million shares in the strategic placement for 248 million yuan and holds a 20.26% stake post-IPO.

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