The move, confirmed by IPO Zaozhidao, makes TuringQ the third quantum computing company, after Origin Quantum and QBoson, to begin an A-share IPO process. TuringQ has also developed an architecture that integrates quantum computing with conventional supercomputing centers to build distributed quantum computing clusters. The aim is to move photonic quantum computing from research prototypes to standardized computing nodes and, ultimately, cluster-scale computing infrastructure, providing a foundation for the large-scale commercialization of quantum computing capacity. Jin previously disclosed that TuringQ generated RMB 500,000 (USD 74,014.9) in revenue in 2022, before revenue surpassed RMB 10 million (USD 1.5 million) in 2023. In 2025, the value of its orders exceeded RMB 100 million (USD 14.8 million), while revenue reached an eight-figure RMB sum.