Market Announcement | Frost & Sullivan Supports Beijing Yisiwei Computing Technology Co., Ltd. in Successfully Listing in Hong Kong (1256.HK)
Market Announcement | Frost & Sullivan Supports Beijing Yisiwei Computing Technology Co., Ltd. in Successfully Listing in Hong Kong (1256.HK)
Frost & Sullivan
Beijing Yisiwei Computing Technology Co., Ltd. (Stock Code: 1256.HK) successfully listed on the main board of the Hong Kong capital market on October 9, 2026. The company is a Chinese provider of chip products based on the RISC-V architecture. Using the RISC-V-based computing architecture, it focuses on the research, development, and design of chips, chip sets, and/or boards along with related core software..Frost & Sullivan (hereinafter referred to as "Frost & Sullivan") provided exclusive industry consulting services for Beijing Yisiwei Computing Technology Co., Ltd.'s listing. We extend our warm congratulations on its successful listing.
Beijing Yisiwei Computing Technology Co., Ltd. (hereinafter referred to as "Yisiwei Computing") successfully listed on October 9, 2026. The company plans to issue 157,020.4 million H-shares, of which 90% will be offered internationally and 10% will be offered publicly. The highest offering price per share is 1.59 Hong Kong dollars, raising a net amount of approximately 2.267 billion Hong Kong dollars.
During this Hong Kong listing process, Frost & Sullivan was mainly responsible for the following tasks: helping the issuer accurately and objectively understand its position in the target market, using objective market data to identify, support, and highlight the issuer's competitive advantages, assisting the issuer, investment banks, and other intermediaries in completing relevant sections of the prospectus (such as overview, competitive advantages and strategy, industry overview, business, etc.), helping the issuer communicate with the Stock Exchange and investors, assisting investors in quickly understanding the market ecosystem and competition landscape, and assisting the issuer in responding to various questions regarding the industry from the Stock Exchange.
Frost & Sullivan has always been a leader in helping companies list on the Hong Kong stock market. According to LiveReport Big Data (statistical data as of September 30, 2026), during the statistical period from January to September 2026, as well as the past 12 months and 36 months, Frost & Sullivan provided listing industry consulting services for 76 (market share: 66%), 111 (market share: 68%), and 223 (market share: 69%) Hong Kong IPO listings, ranking first in terms of number of services provided. It has rich industry experience and communication expertise with regulatory authorities, exchanges, investment and financing institutions, and relevant organizations.
01
Investment Highlights
The company has successfully launched more than 150 software and hardware integrated products into the market;
The company has accumulated over 620 IP modules, over 20 series RISC-V cores, and more than 1,740 patent applications related to the company's products;
During the past record period, the company served 220 customers worldwide, including many global top companies;
According to Frost & Sullivan's report, based on 2025 revenue, the company ranked fifth among all RISC-V master control chip providers in China and third among domestic suppliers;
According to Frost & Sullivan's report, based on 2025 revenue, the company ranked fourth among all smart terminal human-computer interaction chip providers in China and first among domestic suppliers.
02
Analysis of the RISC-V Computing Industry
RISC-V is an open instruction set architecture (ISA) based on the principles of reduced instruction set computing (RISC). The design concept of RISC-V is simplicity, modularity, and high scalability, making it suitable for a wide range of application scenarios. Due to its open source nature, industry participants can freely use, modify, and distribute this architecture without paying licensing fees, promoting innovation and application in various industries. The mainstream computing architectures include x86, ARM, and RISC-V. The comparison of the three architectures is as follows:
Source: Frost & Sullivan
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Core Values of RISC-V Master Control Chip Products
Open Ecosystem.RISC-V master control chip products embrace an open and inclusive ecosystem, promoting close collaboration among developers, hardware manufacturers, and end-users. This openness stimulates increasing interest and adoption in various industries, making RISC-V an important participant in the evolving computing field. Industry participants, especially product providers, are free from the commercial limitations of x86 or ARM architectures.
Low Power Consumption.In the AI field, energy efficiency is crucial. RISC-V master control chip products perform excellently in this regard. Thanks to their simplified design, they can achieve low power consumption without sacrificing performance. This simplified architecture, combined with advanced power management strategies, can significantly reduce power consumption, helping to lower operating costs. This feature is essential for cloud processing platforms and portable devices with limited power supply or those requiring maximum energy reduction. By designing to minimize energy demand, RISC-V master control chip products support sustainable AI development, enabling devices to perform complex tasks while maintaining high efficiency and promoting environmental responsibility.
Flexibility and Scalability.The openness and modular nature of the RISC-V architecture allow developers to customize product designs to meet specific requirements in terms of performance, energy efficiency, and functionality for various applications. This level of flexibility effectively supports a wide range of application scenarios, from ultra-low-power terminal devices to high-performance data center devices. Additionally, its compatibility with the expanding software and hardware resource ecosystem enhances development flexibility and long-term adaptability.
Low Cost.Cost-effectiveness is one of the core values of RISC-V master control chip products, enabling advanced AI technology to be widely applied in various industries. RISC-V is an open standard, and industry participants do not need to pay licensing fees to use it. RISC-V follows RISC principles, focusing on the simplicity, flexibility, and efficiency of instruction execution. The ability to achieve required performance at a lower cost accelerates AI-driven innovation and creates competitiveness in the rapidly developing technology field. With the continuous development of intelligent algorithms and operations, the architectural advantages of RISC-V ensure that new features can be integrated with minimal interference, shortening product launch time and reducing overall system costs.
04
Market Overview of RISC-V Master Control Chip Products
RISC-V master control chip products refer to using the RISC-V architecture as the main processor in products, widely applied in Smart Homes, Smart Cars, Industrial Automation, and Smart Computing fields, providing a more cost-effective and customizable alternative to traditional architectures. The continuous innovation of the RISC-V architecture provides a solid technical foundation for its rapid popularization. At the same time, the rapid development of smart terminals and embodied intelligence ecosystems has greatly driven the growth in demand for this new computing architecture chip products.
Therefore, the Chinese RISC-V master control chip product market has grown rapidly, from 1.1 billion RMB in 2021 to 37.7 billion RMB in 2025, with a compound annual growth rate of 139.5%. Looking ahead, the market is expected to continue growing rapidly, reaching 219.4 billion RMB by 2030, with a compound annual growth rate of 36.2 from 2026 to 2030.
The global RISC-V master control chip product market grew from 5.5 billion RMB in 2021 to 130.6 billion RMB in 2025, achieving a compound annual growth rate of 121.1%. Looking ahead, the market is expected to maintain strong growth momentum, reaching 601.3 billion RMB by 2030, with a compound annual growth rate of 30.1 from 2026 to 2030, driven by the widespread adoption and standardization of high-performance processing.
Source: Industry enterprise research, Frost & Sullivan
05
Competitive Landscape of China's RISC-V Master Control Chip Product Market
According to Frost & Sullivan's report, RISC-V master control chip products cover applications in smart terminals and embodied intelligence interfaces. In 2025, the top five RISC-V industry participants collectively held a market share of 22.5% (in terms of revenue). Yisiwei Computing ranked fifth among all RISC-V master control chip providers in China and third among domestic suppliers. It is expected that the market share will increase as our recently disclosed major products enter the market.
06
Market Drivers and Trends of RISC-V Master Control Chip Product Market
RISC-V master control chip products are continuously integrated with AI. The surge in high-performance processing demands driven by AI and its widespread application in consumer electronics are promoting the adoption of RISC-V, as it has the unique ability to adapt to rapidly evolving AI algorithms. The open instruction set of RISC-V allows developers to adjust hardware for specific AI tasks (such as adding special mathematical operations or standard/custom instruction extensions), accelerating technological improvement. Additionally, the diverse needs of AI applications align with RISC-V's modular design and collaborative open-source software community. Therefore, RISC-V provides a multi-functional foundation for AI applications, while promoting innovation through open community resources and shared developer tools.
The penetration rate of RISC-V master control chip products continues to increase. Driven by RISC-V's core advantages, RISC-V is being adopted rapidly in smart terminals and embodied intelligence fields. These advantages include an open ecosystem without licensing fees, low power consumption, cost-effective customization, and scalability to support various applications. These advantages help industry participants develop customized products more efficiently and reduce development costs, thereby increasing RISC-V penetration. As RISC-V adoption continues to grow, RISC-V applications in smart terminals and embodied intelligence are competing with x86 and ARM architectures.
Continued Development of the RISC-V Ecosystem. The RISC-V ecosystem is entering a stage of rapid expansion, thanks to its open source foundation and adaptability to various scenarios. With tech companies such as Google, Qualcomm, NVIDIA, Alibaba, and our company supporting the RISC-V International Foundation's unified standards and enhancing development tools, this trend is further strengthened by increasing industry investment. For example, Yisiwei Computing also provides the RISAA ecosystem technology platform, combining RISC-V with domain-specific IP modules and open software tools, enabling participants in the ecosystem to collaborate efficiently and promoting the development of the RISC-V ecosystem.
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