Mei Ri Jing Ji Xin Wen·2025-09-23 15:49Core Viewpoint - The news highlights the strong market performance of companies associated with Moore Threads, particularly in light of its upcoming IPO on the STAR Market, which is set to raise 8 billion yuan for the development of AI and GPU technologies [1][3]. Group 1: Market Performance - Companies such as Heertai (SZ002402) and Lianmei Holdings (SH600167) have seen their stock prices hit the daily limit, reflecting a surge in interest in the "Moore Threads concept" [1]. - Heertai's stock has shown a notable performance with a "4 days, 3 boards" trend following the announcement of Moore Threads' IPO [3]. Group 2: Company Relationships - Heertai holds a 1.03% direct stake in Moore Threads, while Zhongke Lanyun holds 0.34% directly and 0.17% indirectly, totaling 0.50% [3]. - Heertai's Zhuhai base is reportedly handling over 30% of Moore Threads' GPU module orders, indicating a significant business relationship [3]. Group 3: Investment and Financials - Heertai reported a revenue of 5.446 billion yuan for the first half of the year, a year-on-year increase of 19.21%, with a net profit of 354 million yuan, up 78.65% [3]. - Lianmei Holdings has invested 100 million yuan in Moore Threads through its subsidiary, and its stock has also experienced a price surge [4]. Group 4: Market Sentiment and Risks - Despite the excitement around Moore Threads, there are concerns regarding the company's ability to overcome high technical barriers in GPU development and its projected net losses from 2022 to 2024 [4]. - Many companies with indirect stakes in Moore Threads have low ownership percentages and limited business ties, which may affect their stock performance [4]. Group 5: Clarifications from Other Companies - Several companies, including Zhangjiang Hi-Tech and Yinxin Technology, have clarified their lack of direct investment in Moore Threads amid the speculative trading [5].