国产GPU第一股摩尔线程今日申购

Core Viewpoint - The IPO of Moore Threads is set to launch on November 24, marking it as the first domestic GPU stock in A-shares and achieving several records in the process [1][3][5]. Group 1: IPO Details - Moore Threads' IPO speed is the fastest among new stocks on the Sci-Tech Innovation Board this year, completing the process in just four months [5]. - The company will issue 70 million shares at an issuance price of 114.28 yuan per share, leading to an estimated market capitalization of approximately 537.15 billion yuan post-IPO [3][6]. - The total fundraising amount is expected to reach around 80 billion yuan, making it the highest fundraising amount for a new stock on the Sci-Tech Innovation Board this year [3][4]. Group 2: Financial Aspects - The issuance costs for Moore Threads are the highest among new stocks this year, totaling approximately 4.24 million yuan, with the largest portion being underwriting fees [4]. - The net fundraising amount after deducting issuance costs is projected to be about 75.76 billion yuan [3][4]. Group 3: Company Background - Founded in 2020, Moore Threads focuses on the research, design, and sales of GPUs and related products, primarily targeting high-performance computing fields such as AI and digital twins [3][10]. - The founder, Zhang Jianzhong, has a significant background in the GPU industry, having previously served as a global vice president at NVIDIA [6][8]. Group 4: Market Position and Future Outlook - The company is often referred to as "China's NVIDIA" and is positioned to benefit from strong national policies supporting AI and high-performance computing [3][10]. - Moore Threads anticipates achieving profitability by 2027, despite ongoing losses due to high R&D expenditures [9][10]. - The domestic GPU market is entering a rapid growth phase, with increasing capital and talent influx, although challenges such as technology gaps and high R&D costs remain [11].