TuringQ Planning to IPO and In Race to Become China’s First Public Quantum Firm - Quantum Computing Report

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TuringQ Planning to IPO and In Race to Become China’s First Public Quantum Firm

Shanghai-based photonic quantum firm TuringQ has officially initiated pre-IPO tutoring with the Shanghai branch of the China Securities Regulatory Commission, positioning itself as a leading contender in the race to become China’s first publicly listed quantum computing company. Advised by Guotai Haitong Securities, the move reflects both a broader rush among Chinese hard-tech enterprises to tap public capital markets and a pivotal transition for the domestic quantum ecosystem from early-stage venture funding toward commercialization.