「中国英伟达」投资人，赚翻了

Core Insights - The company Moer Thread, a domestic GPU manufacturer, is experiencing significant market excitement ahead of its IPO, with many investors rapidly buying related stocks, leading to substantial price increases [2][3][13] - Moer Thread is on track to become the first domestic GPU company to go public, with a valuation of approximately 31 billion yuan, and its founder Zhang Jianzhong's net worth nearing 4 billion yuan [13][19] - The company has achieved remarkable revenue growth, with projections indicating revenues of 1.23 billion yuan in 2023 and 4.38 billion yuan in 2024, following a revenue of less than 50 million yuan in 2022 [8][18] Company Overview - Moer Thread was founded in June 2020 by Zhang Jianzhong and a team with backgrounds from Nvidia, Microsoft, Intel, AMD, and ARM, aiming to create a full-function GPU in China [4][5] - The company has successfully developed multiple generations of GPU architecture, including the MUSA architecture and several GPU chips, with applications in AI computing, high-performance computing, and graphics rendering [6][12] Investment and Financing - Moer Thread has raised over 10 billion yuan in funding from prominent investors such as Sequoia China, Shenchuang Capital, and Tencent, quickly becoming a unicorn [10][11] - The company is preparing to raise 8 billion yuan through its IPO, which will primarily be used for product development, making it the largest IPO project of the year [18][19] Market Context - Moer Thread is part of a group known as the "Four Little Dragons" of domestic GPUs, which includes companies like Muxi Technology, Biran Technology, and Suiruan Technology, all of which are also pursuing IPOs [16][17] - The domestic GPU market is expanding due to increasing demand for AI computing power, driven by the intensifying tech competition between China and the U.S. [16]