True
Enflame, a Chinese GPU developer counted among the country's so-called "GPU Four Little Dragons," saw its share price jump 179% on the day of its listing on the mainland Chinese stock market, according to reporting independently cross-confirmed by three media outlets and arithmetically re-checked by this newspaper's research desk.
Enflame has been grouped with three other domestic GPU developers under the "GPU Four Little Dragons" nickname, a label that marks the firms as China's leading homegrown contenders against foreign GPU suppliers amid tightening export controls on advanced chips.
The size of the first-day move is notable even by the standards of frothy Chinese technology listings. A 179% single-session gain on debut means the stock nearly tripled from its offer price within hours of trading, a reception that underscores strong mainland investor appetite for locally developed GPU and AI chip assets.
The newspaper's verification process reviewed six primary sources. The 179% figure was independently cross-checked against three separate media reports, and the arithmetic of the listing-day gain was re-validated to rule out translation or rounding errors in the Korean-language coverage.
The verification also confirmed that the "GPU Four Little Dragons" grouping โ applied to Enflame in the original claim โ accurately reflects how the company is characterized in coverage of China's domestic chip sector.
The claim that Enflame, one of China's "GPU Four Little Dragons," rose 179% on the day of its mainland stock market listing is True.