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2026 Who Brands. All information is provided for educational purposes. Brand names and logos are trademarks of their respective owners.

  1. Home
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  3. Technology & Software
  4. Enflame
Enflame logo
Technology & Software

Who Owns Enflame?

Enflame is the brand of Shanghai Enflame Technology Co., Ltd., the Chinese AI chip company founded in 2018. The brand covers its YunSui and Suisi accelerators and TopsRider software. The company listed on the STAR Market on September 11, 2026, raising $912 million and closing up 179%.

Parent Company

Shanghai Enflame Technology Co., Ltd.

Founded

2018

Status

Publicly Traded

Headquarters

Shanghai, China

Asia PacificOfficial Website

Who Owns Enflame?

  • Parent Company: Shanghai Enflame Technology Co., Ltd.
  • Ownership Type: Wholly owned
  • Company Type: Publicly Traded
  • Stock Ticker: Shanghai Stock Exchange (STAR Market): 688801
BrandParent CompanyOwnership Type
EnflameShanghai Enflame Technology Co., Ltd.Wholly owned

History of Enflame

  • Founded: 2018
  • Founders: Zhao Lidong, Zhang Yalin

Zhao Lidong and Zhang Yalin founded the company in Shanghai in March 2018 after careers at AMD. The Enflame name launched with its first AI training chip in 2019.

The brand grew as China's domestic alternative to NVIDIA as export controls tightened. Four generations of chip architecture followed, expanding from accelerators into full computing systems. The September 11, 2026 IPO on the STAR Market made Enflame a public brand and raised 6.12 billion yuan.

About Shanghai Enflame Technology Co., Ltd.

What does Enflame do?

Enflame designs AI training and inference chips, computing systems, and the TopsRider software platform for Chinese cloud and data center customers.

Is Enflame publicly traded?

Yes. Enflame listed on the Shanghai Stock Exchange STAR Market under ticker 688801 on September 11, 2026.

Who founded Enflame?

Zhao Lidong and Zhang Yalin, both former AMD engineers, founded the company in Shanghai in March 2018.

Where is Enflame headquartered?

Enflame is headquartered in Shanghai, China, in the Lingang special area of the Pudong free trade zone.

Who owns Enflame?

Enflame is publicly held. Tencent is the largest shareholder at 17.95% after the IPO, alongside state semiconductor funds and venture investors.

When did Enflame IPO?

Enflame completed its IPO on September 11, 2026, pricing at 142.18 yuan and raising 6.12 billion yuan, approximately $912 million.

  • Founded: 2018
  • Headquarters: Shanghai, China
  • Company Type: Publicly Traded
  • Stock: Shanghai Stock Exchange (STAR Market): 688801

Visit Shanghai Enflame Technology Co., Ltd. website

View full company profile for Shanghai Enflame Technology Co., Ltd.

Where Is Enflame Made / Based?

  • Headquarters: Shanghai, China
  • Manufacturing / Operations: China

Enflame Categories & Tags

Ai ChipsSemiconductorsArtificial IntelligenceCloud Computing

Enflame Ownership: Pros & Cons

Advantages

  • +Tencent backing guarantees anchor customer demand
  • +Domestic substitution trend favors Chinese suppliers
  • +Strong public debut validates the brand

Considerations

  • -Extreme customer concentration on Tencent
  • -Export controls constrain manufacturing options
  • -Domestic rivals are scaling quickly

Frequently Asked Questions About Enflame

Sources & Further Reading

  • Enflame,
  • Shanghai Enflame Technology company profile, /companies/enflame
  • Reuters IPO coverage,

Competitors to Enflame

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
BroadcomBroadcom
Broadcom
USA
1991
Mass marketGlobalAll Genders

Learn More About Competitors

BroadcomTechnology Software

Broadcom

Owned by Broadcom Inc.

Semiconductor masterbrand of Broadcom Inc., covering AI accelerators, networking silicon, and connectivity chips that generated $36.9 billion in FY2025.

semiconductorsai-chipsnetworking

Competitive Analysis

Market Positioning: Enflame competes with 1 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Enflame

Looking for brands with different ownership structures? These similar brands are not owned by Shanghai Enflame Technology Co., Ltd., giving you alternative choices that support different corporate structures.

Aleph AlphaTechnology Software

Aleph Alpha

Owned by Aleph Alpha GmbH

German sovereign AI brand behind the Luminous models and PhariaAI platform, merging with Cohere in a September 2026 deal.

artificial-intelligencesovereign-aienterprise-ai
Privately Owned

Aleph Alpha is privately owned, unlike Enflame which is under a publicly traded parent company.

ChatGPTTechnology Software

ChatGPT

Owned by OpenAI

Artificial intelligence chatbot developed by OpenAI, based on the GPT (Generative Pre-trained Transformer) language model series.

artificial-intelligencechatbotlanguage-model
Privately Owned

ChatGPT is privately owned, unlike Enflame which is under a publicly traded parent company.

CohereTechnology Software

Cohere

Owned by Cohere Inc.

Enterprise AI brand of Cohere Inc., the Toronto company behind the Command models and the North secure deployment platform.

artificial-intelligenceenterprise-ailarge-language-models
Privately Owned

Cohere is privately owned, unlike Enflame which is under a publicly traded parent company.

DatabricksTechnology Software

Databricks

Owned by Databricks, Inc.

Data and AI platform brand behind the Lakehouse architecture, operated by Databricks, Inc. of San Francisco.

data-platformartificial-intelligencelakehouse
Privately Owned

Databricks is privately owned, unlike Enflame which is under a publicly traded parent company.

GrokTechnology Software

Grok

Owned by xAI

AI-powered chatbot and conversational AI assistant developed by xAI, now part of SpaceX following an all-stock merger completed in February 2026. SpaceX went public on Nasdaq as SPCX in June 2026.

artificial-intelligencechatbotconversational-ai
Privately Owned

Grok is privately owned, unlike Enflame which is under a publicly traded parent company.

Hugging FaceTechnology Software

Hugging Face

Owned by Hugging Face, Inc.

Open machine learning platform and community hub hosting over one million models, operated by Hugging Face, Inc. of New York.

artificial-intelligenceopen-sourcemachine-learning
Privately Owned

Hugging Face is privately owned, unlike Enflame which is under a publicly traded parent company.

Shanghai Enflame Technology Co., Ltd. Stock Information

Jobs at Shanghai Enflame Technology Co., Ltd.

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Last reviewed: October 1, 2026 · Reviewed by Who Brands Editorial Team