Filing: Tencent-backed AI chipmaker Enflame prices its Shanghai IPO at ~$21 per share, aiming to sell 43M shares and raise ~$911M (Bloomberg)

Enflame, a Tencent-backed AI chipmaker, filed to price its Shanghai IPO at roughly ¥150 (about $21) per share, targeting the sale of 43 million shares. The offering aims to raise approximately ¥6.3 billion (around $911 million) to fund its AI hardware development and expansion.