摩尔线程成交额达100亿元，现涨414.09%。 ...

投资时间网、标点财经快讯 其发行价114.28元/股，为A股近一年来上市新股最高 摩尔线程（688795.SH）已于12月5日登陆科创板，发行价114.28元/股，为A股近一年来上市新股最高。本次公开发行7000 万股新股，发行后总股本为4.7亿股，其上市首日开盘报650.00元/股，涨幅468.78%，中一签可赚超26万元。 天眼查App显示，摩尔线程关联公司摩尔线程智能科技（北京）股份有限公司成立于2020年6月，法定代表人为张建中， 注册资本约4亿人民币，经营范围包括集成电路设计、集成电路芯片设计及服务、集成电路芯片及产品销售等，由南京神 傲管理咨询合伙企业（有限合伙）、张建中、杭州华傲管理咨询合伙企业（有限合伙）等共同持股。 对外投资信息显示，该公司对外投资10余家存续企业，包括北京数道智算科技有限公司、光速摩方智能科技（广东横 琴）有限责任公司、北京摩笔生成科技有限公司等。 投时关键词：摩尔线程（688795.SH） ...

11月24日，摩尔线程启动申购，发行价为114.28元/股，对应的发行人2024年摊薄后静态市销率为122.51倍，高于同行业可比公司2024年静态市销率平均水 平。申购结果显示，摩尔线程此次发行网下申购倍数高达1572倍，267家机构参与报价，总申购股数超700亿股，最终仅获配3920万股，超额认购倍数达 1796倍；网上发行有效申购户数为482.66万户，有效申购股数高达462.17亿股，回拨后中签率约万分之三点六。 齐鲁晚报·齐鲁壹点记者 黄寿赓 实习生 李名洋 12月5日，"国产GPU第一股"摩尔线程（688795.SH）科创板首秀，早盘高开468.78%。报650元/股，按发行价为114.28元/股计算，投资者中一签可产生浮 盈26.79万元。 公开信息显示，摩尔线程成立于2020年，主要从事GPU及相关产品研发、设计和销售，由于其兼容CUDA的MUSA架构设计，直接对标英伟达数据中心 GPU产品线，且其创始人有英伟达的任职经历，摩尔线程一直享有"中国英伟达"的美名。 | N摩尔-U | | | | | | | | --- | --- | --- | --- | --- | --- | --- | ...

格隆汇12月5日｜摩尔线程成交额达100亿元，现涨414.09%。 ...

记者丨李益文 被誉为"国产GPU第一股"的摩尔线程正式登陆科创板，首日高开表现亮眼，市值达3055亿元，成为科创 板第4大芯片股，报650元/股，较114.28元/股的发行价上涨468.78%。 以此计算，中一签投资者盈利近27万元，超越今年7月上市的同宇新材，登顶年内最赚钱新股宝座。 这一亮眼表现的背后，是其创纪录的发行规模与市场狂热的认购氛围。公开资料显示，摩尔线程此次 IPO从受理到过会仅用时88天，创下科创板审核最快纪录，其114.28元/股的发行价创下2025年A股新股 发行价新高。 | | | | 2025年上市新股"肉签"前20 | | | | --- | --- | --- | --- | --- | --- | | 证券名称 | 发行价(元) | 同市首目 | 上市首日 | 中一等 上市首日最高可赚 | 嘉集资金 净额(亿元) | | | | 最高价(元) | 涨跌幅(%) | (元) | | | 摩尔线程 | 114.28 | 650 (开盘价) | 468.78 | 267860 | 75.76 | | | | | (开盘涨幅) | (按开盘价计算) | | | 同宇新材 | 84.00 ...

Market Overview - The A-share market opened with mixed results, with the Shanghai Composite Index down 0.07% and the ChiNext Index up 0.55% [1] - The Hang Seng Index opened lower, down 0.4%, while the Hang Seng Tech Index saw a larger decline of 1% [2][3] - The domestic commodity futures market opened mostly higher, with the shipping index (European line) up 3.76% and coking coal up 1.50% [2] Stock Performance - The stock of Moer Thread surged over 468% upon its debut on the STAR Market, reaching a price of 650 CNY, with a market capitalization nearing 305.5 billion CNY [4][5] - New stock "Encounter Small Noodles" opened down nearly 29% on its first day, while Tianyu Semiconductor fell over 34% on its debut [2] Sector Performance - Lithium battery electrolyte, cross-strait integration, superhard materials, servers, and aquaculture concept stocks weakened, while CPO concept stocks strengthened [1] - In the Hong Kong market, large tech stocks mostly declined, with notable drops in China Aluminum (down 1.35%) and various sectors including shipping, dining, and insurance [2] Bond Market - The bond futures market showed mixed performance, with the 30-year main contract up 0.15% and the 10-year main contract up 0.07% [3][4] Currency Exchange - The RMB/USD central parity rate was reported at 7.0749, a decrease of 16 points from the previous trading day [8]

12月5日，"国产GPU第一股"摩尔线程上市首日高开468.78%，报650元/股，截至发稿，盘中价格最高报 688元/股。按开盘价计算，中一签赚超26.7万元。 | N壓尔-U 688795 0 | | | 650.00 +535.72 | | | --- | --- | --- | --- | --- | | 开盘亮价 CNY | | | 未盈利 科 融 成 ♠ 自选 + | | | 委比 | 99.39% 委差 | | | 3588 | | 卖王 | 655.65 | | 1 | | | 卖四 | 655.55 | | 2 | | | 英三 | 655.00 | | 2 | | | 卖二 | 654.00 | | 4 | | | 版 | 651.00 | | 2 | | | ने | 650.00 | | 3525 | | | 买二 | 649.89 | | 5 | | | 买三 | 649.00 | | 21 | | | 买四 | 648.00 | | 20 | | | 买五 | 647.70 | | 2 | | | 最新 | 650.00 均价 | | | 650.00 | | 涨跌 | +535. ...

格隆汇12月5日｜A股开盘，三大指数涨跌不一，沪指跌0.07%报3873.12点，深证成指涨0.10%，创业板 指涨0.55%。"国产GPU第一股"摩尔线程上市首日高开超468%，现报650元。 ...

Core Viewpoint - The article highlights the significant debut of Moer Thread on the A-share market, with its stock price soaring by 468.78% on the first trading day, marking it as one of the most profitable new stocks of the year [1][3]. Summary by Sections Moer Thread's Market Performance - On December 5, Moer Thread opened at 650 CNY per share, resulting in a paper profit exceeding 267,860 CNY for a single subscription of 500 shares [1][3]. - The company had an offline subscription multiple of 1572 times, with 267 institutions participating and total subscriptions exceeding 70 billion shares, leading to an oversubscription rate of 1796 times [3]. - The effective subscription for online issuance reached 4.8266 million households, with a total of 46.217 billion shares subscribed, resulting in a winning rate of approximately 0.036% after adjustments [3]. Company Background and Financials - Moer Thread was established in June 2020, focusing on the research, design, and sales of full-function GPU chips, including data center and desktop GPUs [4]. - The company reported revenues of 0.46 million CNY in 2022, with projections of 1.24 million CNY and 4.38 million CNY for 2023 and 2024, respectively, reflecting year-on-year growth rates of 169.01% and 253.65% [4]. - Despite revenue growth, the company has been operating at a loss, with net losses of 18.94 billion CNY in 2022 and projected losses of 7.24 billion CNY for the first three quarters of 2025 [4]. Future Prospects and Funding - The funds raised will primarily be allocated to three major chip development projects and to supplement working capital, including the development of next-generation AI training and inference chips [4]. - Moer Thread aims to enhance its competitiveness in the AI computing infrastructure sector by overcoming core technology bottlenecks in high-end GPUs [4]. Other Market Developments - On the same day, another domestic GPU leader, Muxi Co., also opened for subscription, with an issuance price of 104.66 CNY per share [5]. - Muxi Co. specializes in high-performance general-purpose GPUs and has developed several GPU products, achieving cumulative sales of over 25,000 units [5].

Core Viewpoint - The first domestic GPU company, Moore Threads, saw its stock price surge by 468.78% on its debut, reaching 650 CNY per share, with a market capitalization exceeding 300 billion CNY, indicating strong investor interest and confidence in its business model and market potential [1][3]. Group 1: IPO Details - Moore Threads issued 70 million shares in its IPO, with 20% allocated to strategic placements, attracting 10 strategic investors including Zhongzheng Investment and Tianyi Capital [3]. - The overall subscription rate was exceptionally high, with a total of 270 investors and 7,721 allocation objects participating, resulting in a subscription multiple of 2,228.11 times and a low online winning rate of only 0.036% [3]. - The company’s listing application was accepted on June 30, 2025, and it achieved approval in just 88 days, setting a record for the fastest review on the Sci-Tech Innovation Board [3]. Group 2: Company Overview - Since its establishment in 2020, Moore Threads has focused on the independent research and design of full-function GPUs, developing the MUSA unified system architecture that supports a complete precision spectrum from FP64 to INT8 [4]. - The latest fourth-generation "Pinghu" architecture utilizes a 7nm process technology, continuously upgrading performance and catering to various scenarios including AI computing and graphics rendering [4]. - The company has established a comprehensive product matrix covering desktop GPUs, server computing cards, and intelligent computing clusters, with the MTTS80 being the first domestically produced consumer-grade GPU to achieve large-scale shipments [4]. Group 3: Market Performance - Moore Threads has captured a leading position in the domestic market, with a market share exceeding 60% in the information technology innovation sector [4]. - The company reported revenue of 702 million CNY in the first half of 2025, surpassing the total revenue of the previous three years, with further growth in the first three quarters leading to a total revenue of 784.6 million CNY [4].