"中国版英伟达"IPO过会。 9月26日，据上海证券交易所官网披露，上海证券交易所上市审核委员会2025年第40次审议会议召开。会议审议结果显示，摩尔线程智能科技（北京）股份 有限公司（以下简称"摩尔线程"）的IPO符合发行条件、上市条件和信息披露要求。 据悉，摩尔线程主要从事全功能GPU相关产品的研发、设计和销售，是国内极少数兼顾图形渲染与AI计算的国产GPU公司，也是行业独角兽企业。若能成 功上市，摩尔线程或将成为"国产GPU第一股"。 摩尔线程IPO过会 9月26日，据上交所官网消息，摩尔线程科创板IPO申请通过上交所上市委会议审议。 摩尔线程直接或间接参股公司曝光 自摩尔线程启动科创板IPO以来，其参股公司以及产业链公司备受市场关注。根据股权穿透信息，数据宝梳理出摩尔线程部分直接或间接参股公司。 从A股公司来看，这些直接或间接参股公司覆盖电子、计算机、通信、传媒等多个行业。直接参股的公司有和而泰、盈趣科技等；间接参股公司有宏力达、 初灵信息、长飞光纤等。 和而泰持股比例超过1%，在投资者关系互动平台上，和而泰表示，摩尔线程是公司上游企业，在人工智能的大背景下，双方有一定的业务协同，具体的业 务合作公司 ...

Core Viewpoint - The recent news highlights the upcoming IPO of Moore Threads, which is set to take place on September 26, 2023, after a rapid approval process by the Shanghai Stock Exchange. The company aims to raise 8 billion yuan for various AI and graphics chip development projects [2][5]. Company Overview - Moore Threads has developed four generations of GPU architectures based on its proprietary MUSA architecture, covering product lines including chips, boards, integrated machines, and clusters, targeting both enterprise and consumer markets [2][3]. Financial Performance - Despite currently operating at a loss, the company's losses are narrowing, and it has a strong order book of 2 billion yuan, with expectations of achieving profitability within the next 1-2 years [4][5]. - The company is projected to generate over 2 billion yuan in revenue for the year 2025, with a valuation around 24 billion yuan, indicating a potential market capitalization of 150-180 billion yuan post-IPO [5]. IPO Details - The IPO will involve the issuance of no less than 44.45 million shares, representing at least 10% of the total share capital post-issue, with expectations of a 200% increase on the first trading day [5]. - Eight A-share listed companies have direct or indirect stakes in Moore Threads, positioning them as potential beneficiaries of the IPO [5]. Product Lines - The company offers a range of products including: - Fourth-generation GPU "Pinghu" for enterprise-level AI computing - Third-generation GPU "Quyuan" and second-generation GPU "Chunxiao" for various applications [3]. Institutional Interest - Institutional investors have shown significant interest, with notable increases in holdings from foreign capital and various funds, indicating a positive outlook on the company's future [7][10][25].

Core Viewpoint - Yingqu Technology (002925.SZ) currently holds 1.340374 million shares of Moer Thread, representing 0.3351% of its total share capital before issuance [1] Group 1 - The company has a direct stake in Moer Thread [1] - The number of shares held by the company is 1.340374 million [1] - The percentage of total share capital represented by this stake is 0.3351% [1]

Core Viewpoint - The company currently holds 1.340374 million shares of Moer Technology, representing 0.3351% of its total share capital before issuance [1] Group 1 - The company has a direct stake in Moer Technology, amounting to 1.340374 million shares [1] - The ownership percentage of the company in Moer Technology is 0.3351% prior to the issuance of new shares [1]

Group 1 - The consumer electronics sector saw a slight increase of 0.1% on September 25, with Jiebang Technology leading the gains [1] - The Shanghai Composite Index closed at 3853.3, down 0.01%, while the Shenzhen Component Index closed at 13445.9, up 0.67% [1] - Notable gainers in the consumer electronics sector included Jiebang Technology, which rose by 15.95% to a closing price of 134.50, and Zhidong Technology, which increased by 12.67% to 16.10 [1] Group 2 - The consumer electronics sector experienced a net outflow of 3.123 billion yuan from institutional investors, while retail investors saw a net inflow of 3.2 billion yuan [2] - Major stocks with significant net inflows from retail investors included Gaor Technology, which had a net inflow of 3.52 million yuan, and Xinya Electronics with 3.13 million yuan [3] - Conversely, stocks like Longyang Electronics and Yingqu Technology faced notable net outflows from both institutional and retail investors, indicating a shift in market sentiment [3]

Group 1 - The company emphasizes its commitment to collaboration with domestic research institutions and key universities [2] - Partnerships have been established with several universities, including Tianjin University, Tsinghua University, Zhejiang University, and others [2] - The collaborations focus on areas such as postdoctoral talent cultivation, international exchange, IoT innovation technology, and advanced technologies in industrial internet and smart manufacturing [2]

Core Viewpoint - The company, Yingqu Technology, is strategically investing in Moer Thread to diversify its business and enhance competitiveness in related fields [1] Group 1 - The investment in Moer Thread is part of the company's strategic layout and diversification efforts [1] - The collaboration aims to further expand the company's business areas [1] - The move is intended to improve the company's competitiveness in relevant sectors [1]

Core Viewpoint - The company, Yingqu Technology (002925.SZ), has stated that it is currently not engaged in the research and production of brain-computer interface glasses [1] Group 1 - The company has clarified its current focus and product development strategy, indicating no involvement in brain-computer interface glasses [1]

Group 1 - The core point of the article is that Yingqu Technology has experienced a significant stock price increase, reaching a limit-up and achieving a three-day cumulative increase of 33.13% [2]

Core Viewpoint - Yingqu Technology announced that its stock price experienced an abnormal fluctuation, with a cumulative increase of over 20% in closing prices over two consecutive trading days on September 22 and 23, 2025 [1] Summary by Relevant Sections - Stock Price Movement - The stock price of Yingqu Technology showed a cumulative increase of over 20% within two trading days, indicating significant volatility [1] - Company Disclosure - The company confirmed that there are no corrections or supplements needed for previously disclosed information and has not identified any major undisclosed information that could impact stock trading prices [1]