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China’s AI Server Leader xFusion Hires Citic Securities Ahead of IPO

Jan 07, 2026, 1:55 a.m. ET

China’s leading AI server provider xFusion has engaged Citic Securities to prepare for an initial public offering, according to a regulatory filing, joining a growing number of tech firms capitalizing on investor enthusiasm for artificial intelligence.

The Henan-based company, a spin-off from Huawei, signed an agreement with Citic on December 31 for an IPO “tutoring” program, which trains executives in the technical and regulatory aspects of going public.

The program is scheduled to run from January through April or May, according to a filing on the China Securities Regulatory Commission (CSRC) website published Wednesday.

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