“国产GPU第一股”来了！摩尔线程IPO注册生效，仅历时四个月

Core Points - The company Moer Thread has completed its IPO process on the Sci-Tech Innovation Board, becoming the first domestic GPU company to go public in China [1] - The company focuses on the research, design, and sales of GPUs and related products, aiming to provide computing acceleration platforms for high-performance computing fields such as AI and digital twins [1] - Moer Thread plans to raise approximately 8 billion yuan for the development of new AI training and inference chips, graphics chips, and AI SoC chips, as well as to supplement working capital [1] Financial Performance - From 2022 to 2024, Moer Thread's revenue is projected to grow significantly, with estimated revenues of approximately 46.09 million yuan, 124 million yuan, and 438 million yuan respectively [2] - The company is expected to continue reducing its net losses, with projected net losses of approximately -1.84 billion yuan, -1.67 billion yuan, and -1.49 billion yuan for the same years [2] - In the first half of 2025, the company achieved revenue of approximately 702 million yuan, with a corresponding net loss of about -271 million yuan [2] Ownership Structure - As of the signing date of the prospectus, Moer Thread does not have a single shareholder holding more than 30% of the shares, indicating the absence of a controlling shareholder [2] - Zhang Jianzhong is the actual controller of the company, holding a total of 36.36% of the shares as of June 30, 2025 [2]