In July 2020, Cambrian (688256. SH) landed in the capital market with the aura of "the first AI chip", and its market value once broke through and its scenery was infinite. However, in the Cambrian, "debut is the peak", and soon after listing, the stock price began to fall endlessly.
To make matters worse, even though the market value of Cambrian has fallen to a fraction of its peak, it still can't stop shareholders from wanting to "escape".
On the evening of September 9th, CAMBRIAN announced that shareholders Paleozoic Venture Capital, Ningbo Gao Han Venture Capital and SDIC Venture Capital intend to reduce their shares by 2.56%, 0.79% and 2% respectively, and the total reduction shall not exceed 5.35%. Among them, Paleozoic Venture Capital and Ningbo Gao Han belong to clearance reduction.
The CAMBRIAN received an order from Huawei in the early days of its establishment, which was a blockbuster and was sought after by capital in the wave of AI investment. However, after Huawei adopted the self-developed technology, the weakness of CAMBRIAN technical reserves gradually exposed, and IP licensing business was no longer favored by big customers.
CAMBRIAN terminal products stopped at IP licensing, and edge and cloud products have not yet come out. The company claims to be "the pioneer of global smart chips", but it is more like a cloud computing system integrator. The departure of CTO Liang Jun also makes the company's future somewhat confusing.