Core Insights - The China Securities Regulatory Commission (CSRC) has approved the initial public offering (IPO) registration of Moore Threads Technology (Beijing) Co., Ltd., marking it as the first domestic GPU company to go public in the A-share market [2] - Moore Threads plans to raise 8 billion yuan for the development of next-generation AI training and inference chips, graphics chips, and AI SoC chips, as well as to supplement working capital [2] - The company has developed four generations of GPUs, with the fourth generation "Pinghu" set to launch in 2024, featuring a maximum frequency of 2GHz and enhanced specifications [2] Financial Performance - Moore Threads reported revenues of approximately 0.46 million yuan in 2022, 1.24 million yuan in 2023, and projected revenues of 4.38 million yuan in 2024, reflecting a compound annual growth rate (CAGR) of 208.44% [3] - For the first half of 2025, the company expects revenues to reach 7.02 million yuan, surpassing the total revenues of the previous three years [3] Product Development - The company has launched its first SoC "Changjiang," which integrates a full-function GPU, CPU, NPU, and VPU, featuring an 8-core CPU with a frequency of 2.65GHz and an INT8 computing power of 50 TOPS [3] - The fourth-generation GPU "Pinghu" includes 8192 shading cores, 512 tensor cores, and supports FP8 precision, with an interconnect speed of 800GB/s and a memory capacity of 80GB [2]
国产GPU第一股来了！摩尔线程科创板IPO注册生效！
Sou Hu Cai Jing·2025-10-30 16:58