Core Points - The Shanghai Stock Exchange's listing review committee approved the initial public offering (IPO) of Moore Threads Technology (Beijing) Co., Ltd., marking it as the 55th company to pass the review this year [1] - Moore Threads is a fabless GPU chip design company established on June 11, 2020, focusing on the research, design, and sales of full-function GPU products [1][2] - The company plans to raise 800 million yuan for the development of new AI training and inference chips, graphics chips, and AI SoC chips, as well as to supplement working capital [2] Company Structure - As of June 30, 2025, Zhang Jianzhong is the actual controller of Moore Threads, holding a total of 36.36% of the shares through direct and indirect ownership [2] - The company has no single shareholder holding more than 30% of the shares and does not have a controlling shareholder [2] Market Position and Competition - The listing committee inquired about the company's competitive advantages and potential risks in the GPU market, including the impact of market competition and trade environment [3] - The company was asked to clarify its revenue recognition practices and customer relationships during the reporting period [3]
摩尔线程过会:今年IPO过关第55家 中信证券过6单