
TuringQ Begins IPO Process as Shanghai Photonic Quantum Computing Firm Seeks China’s First Quantum Listing
Shanghai photonic quantum firm TuringQ has entered IPO tutoring with Guotai Haitong Securities, intensifying the race among Chinese quantum companies toward public listing. The company raised nearly 1 billion yuan in 2026 and holds a valuation above 7 billion yuan after its Series C. Details on its LNOI photonic chip pilot line, Gen2 systems, and commercial trajectory appear in the full report.