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According to conventional logic, if they truly wanted to go public independently, they should have started the listing process long ago. Looking at those GPU companies, each one is lining up to sprint towards an IPO, while there's no movement on our side.
It seems there is only one possibility—an acquisition route has been finalized. The next milestones are twofold: trading suspension and mergers and acquisitions.
The key is whether the market capitalization can meet expectations. If we consider the 100 billion target, major shareholders will need to continue exerting effort to boost the stock price. Large funds must seize this window of opportunity, as the chance may pass quickly.