今晚很多股民都在晒截图：“很遗憾，你没中签”

Core Viewpoint - Moer Technology has successfully completed its initial public offering (IPO) and strategic placement on the Sci-Tech Innovation Board, with all participating investors fulfilling their commitments [1] Group 1: Strategic Placement Results - The total number of shares allocated in the strategic placement is 14 million, accounting for 20% of the total issuance [2] - Notable investors include CITIC Securities, which received 1.4 million shares (2%), and China Insurance Investment Fund, which received 4.375 million shares (6.25%) [2] - The strategic placement has a lock-up period ranging from 12 to 24 months for different investors [2] Group 2: Online Subscription Results - Approximately 4.83 million accounts participated in the online subscription, with a total of 46.22 billion shares applied for, resulting in an initial subscription multiple of about 4126.49 times [3] - The final online issuance quantity was 16.8 million shares, with a final winning rate of 0.03635054% after the adjustment mechanism was activated [3] Group 3: Company Overview - Founded in 2020, Moer Technology focuses on the research and development of full-featured GPUs, targeting high-performance computing areas such as AI and digital twins [10] - The company has launched four generations of GPU architectures and has expanded its product matrix to cover applications in AI computing, cloud computing, and personal computing [10] - Moer Technology is often referred to as the "Chinese version of Nvidia," with a strong emphasis on domestic GPU demand amid U.S. export restrictions on AI chips [11] Group 4: Financial Performance - As of the IPO announcement, Moer Technology has not yet achieved profitability, with projected revenues of 0.46 billion, 1.24 billion, and 4.38 billion yuan for 2022, 2023, and 2024, respectively [10] - The company reported net losses of 1.894 billion, 1.703 billion, and 1.618 billion yuan for the same years, with a cumulative unabsorbed loss of 1.478 billion yuan as of June 30, 2025 [10] - Moer Technology anticipates the earliest possibility of achieving consolidated profitability by 2027 based on market conditions and product development [10]