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

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. Founded in February 2021 by legal representative Jin Xianmin and controlled by Shanghai Siliang Quantum Technology, TuringQ has distinguished itself by focusing on photonic quantum architectures rather [...]

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