Changsha Jingjia Microelectronics · 长沙景嘉微电子股份有限公司
Fabless
Chinese name: 长沙景嘉微电子股份有限公司 (Jǐngjiāwēi)
China’s original ‘GPU first stock’ (ChiNext 2016) and only GPU house with deep military-aircraft incumbency; FY2025 revenue rebounded to ¥7.20亿 (+54.4%) yet posted a second straight annual loss (-¥1.65亿) with R&D at 59% of revenue — the military-specialist squeeze: qualification moat protects share but cannot fund a commercial AI pivot. H1 2026: revenue ¥3.34亿 (+73%), net loss ¥1.08亿, R&D 85.3% of revenue. JM11 (32 concurrent vGPU per server) is in small-batch delivery with cloud-desktop (Sangfor) and power-grid deployments; its new general-purpose GPU program (Model 1 rendering+GPGPU, Model 2 train-inference) is progressing but an 8 October investor-relations reply declined to give a tape-out date; subsidiary 诚恒微’s CH37 edge-AI SoC (64 TOPS) entered small-batch production.
What does this firm design?
Graphics/display processors for avionics and信创 desktops, AI accelerator modules, edge-AI SoCs.
Key Facts
| Category | Fabless |
| Founded | 2006 |
| Location | Changsha, Hunan |
| Product Focus | Military/avionics graphics SoCs, JM9/JM11 GPUs, 景宏 AI modules/servers; 2025 edge-AI SoC expansion via 诚恒微 (CH37, 64 TOPS) |
| Node Sophistication | JM9 mid-range domestic node; JM11 (taped out Dec 2024, cloud-desktop/vGPU small batches 2025-26) more advanced, undisclosed |
| Entity List | No |
| Last Verified | Newest source dated 21 Aug 2026 (2 sources) |
Design Score
3.2/5
Sources
- 景嘉微2025年报:营收7.2亿,连续第二年亏损 (每日经济新闻) (24 Apr 2026)
- 景嘉微2026年半年度报告 (巨潮资讯) (21 Aug 2026)