Origin Quantum is trying to raise roughly $950 million on the Shanghai Stock Exchange. To make its case to investors, the Chinese quantum computing company is pointing to a specific number: a tool its engineers built compiles quantum circuits — the fundamental programs quantum computers run — up to 597 times faster than the industry standard.
That number comes from an Origin Quantum paper. Every author on it works for Origin Quantum.
No independent researcher has confirmed it.
QPanda3 Runtime MCP — the tool behind the claim — is real and open source. Released this week as an update to Origin Quantum's existing Wukong quantum computer platform, it lets researchers submit quantum computing tasks in plain language rather than writing code: type "run a Bell state test" instead of manually constructing the underlying circuit instructions. The MCP server exposes a set of quantum programming tools — sampling, estimation, batched operations — documented on Glama.ai and on GitHub. The software layer sits between the researcher and the quantum hardware and is available on GitHub under an Apache 2.0 license.
The company confirmed the capability through Xinhua, the official Chinese state news agency. QPanda3 has processed more than 47 million requests from users in 163 countries since January 2024, according to Global Times, citing Origin Quantum data.
But the benchmark that has attracted the most attention — the 597x speedup claim — traces to an April 2026 arXiv preprint whose author list is entirely Origin Quantum employees, including chief scientist Guo Guoping. Post-Quantum, a quantum computing analysis firm, noted in a recent analysis that the performance claims against Qiskit "have not been independently replicated."
Origin Quantum did not respond to a request for comment on the benchmark methodology or whether it has sought third-party verification.
The credibility gap matters because of the listing timeline. Origin Quantum entered IPO counseling with the Shanghai STAR Market in September 2025, according to The Quantum Insider, implying a valuation near $950 million. For a company at that scale, the standard benchmark for a flagship software claim is an independent audit — not an in-house paper.
The 72-qubit Wukong system itself is not in question. It is a real piece of quantum hardware that has been operational since early 2024. In 2021, Origin Quantum published a roadmap targeting 1,024 qubits by 2025. The company reached 72 — roughly 7% of that goal.
The software is real. The benchmarks are not.