In December 2025, Gaorui Fund successfully invested in Shenzhen Yunbao Intelligent Co., Ltd. (hereinafter referred to as "Yunbao Intelligent"). As an innovative leader in the field of high-performance DPU SoC chips in China, Yunbao Intelligent has become a key investment for Gaorui Fund in the DPU track due to its core breakthroughs in chip architecture design, algorithm optimization and commercialization.

Glory Fund’s comment

Gaorui Fund believes that with the exponential growth of global data volume, the evolution of computing power structure towards intelligent computing centers, and the explosive growth in demand for high-performance network transmission, the downstream market's demand for efficient and secure DPU (data processing unit) chips will increase significantly.

As a leader in this field, Yunbao Intelligent places great emphasis on accumulating chip R&D experience and commercializing core technologies. It has already built a strong technological foundation in high-performance DPU SoC chips. Gaorui Fund highly recognizes Yunbao Intelligent's outstanding operational capabilities, forward-thinking management approach, and chip design team.

Founded in August 2020 and located in Nanshan District, Shenzhen, Yunbao Intelligent is a leading semiconductor company specializing in data processor chips (DPUs) and solutions for cloud computing and data centers. It was founded by Dr. Sunny Siu, co-founder of the former RMI company (later acquired by Netlogic/Broadcom), along with other industry elites. The core team comes from Broadcom, Intel, Arm, Huawei HiSilicon, Alibaba, and other companies, possessing one of the most experienced DPU chip and software R&D teams in China. The company aims to become a high-tech company leading the cutting-edge technologies of data centers and cloud computing, and establishing industry standards for "software-defined chips."

DPU, short for Data Processing Unit, is a new type of processor designed for data-centric computing. Proposed by NVIDIA in 2020, it, along with CPUs and GPUs, forms the three core components of modern computing. Primarily used in areas such as security acceleration, storage acceleration, and network virtualization in data centers, it is often referred to as the "intelligent transportation and logistics hub" of data centers. Today, almost all of the world's largest cloud computing service providers rely on DPUs to perform elastic scheduling and dynamic on-demand allocation of computing resources in their respective data centers, aiming to significantly improve the quality and efficiency of cloud services.

With the explosive growth of the digital economy and generative AI, the global DPU market is entering a period of rapid expansion. The Chinese DPU market is projected to reach $3.74 billion by 2025, with a compound annual growth rate exceeding 50%. The market structure, long dominated by international giants, creates ample opportunities for domestic substitution. In 2020, NVIDIA founder Jensen Huang stated that DPUs will become one of the three pillars of future computing, and the standard configuration for future data centers will be CPU + DPU + GPU, with CPUs for general computing, GPUs for accelerated computing, and DPUs for data processing.

Yunbao Intelligent has independently developed China's first high-performance, general-purpose programmable DPU SoC chip. Employing an innovative hierarchical programmable design, it integrates a data processing unit supporting P4 language, a self-developed RISC-V microprocessor unit, and a high-performance server CPU processing unit. With a network bandwidth of 400 Gbps and an RDMA bandwidth of 200 Gbps, it is the first DPU chip in China to reach 400 Gbps. Compared to traditional solutions, this chip offers a 4x performance improvement and a more than 50% reduction in power consumption. In 2024, the company launched the world's first DPU supporting the fully scheduled Ethernet (GSE) standard, the "Intelligent Computing Light-Cutting" DPU, marking a significant breakthrough in my country's core AI network technologies.

On December 31, 2025, Yunbao Intelligent submitted its IPO listing guidance filing, accelerating its listing process.

The future is here, and Yunbao Intelligent is running at full speed. Gaorui Fund resonates with innovators and walks alongside leaders.