Kunlun Chip is about to complete its stock reform: accelerate its sprint to go public, with revenue far exceeding 2 billion yuan by 2025

On December 16th, Kunlun Chip announced that it is about to complete its stock reform and accelerate its sprint to go public. A source familiar with the matter revealed, 'Everyone is paying attention and we can't hide it anymore, but the timeline is still to be confirmed.' It is understood that before this round of stock reform, Kunlun Chip decided to switch to Hong Kong stocks after communicating with multiple securities firms. Subsequently, Baidu, as the major shareholder, announced that it is currently evaluating the proposed spin off and listing. Baidu emphasizes that if it undergoes a spin off and listing, it must go through relevant regulatory approval procedures, and the company does not guarantee that the spin off and listing will take place.