Intretech(SZ:002925) Sou Hu Cai Jing·2025-12-04 09:13Core Viewpoint - The domestic GPU company, Moore Threads, is set to be listed on the stock market, attracting significant attention from investors and local enterprises in Xiamen, with expectations for strong market performance [1]. Group 1: Company Overview - Moore Threads is recognized as the only domestic company to achieve full-function GPU mass production, setting a record for the fastest approval process on the Sci-Tech Innovation Board, taking only 88 days from acceptance to approval [1]. - The company is often referred to as the "Chinese version of Nvidia," highlighting its strategic importance in the AI computing and domestic substitution trends [4]. Group 2: Investment Participation - Numerous Xiamen-based funds and enterprises are shareholders in Moore Threads, including Xiamen Hengxing Group and Yingqu Technology, which have made significant investments [1][3]. - Sunshine Ronghui Capital holds 3.0437 million shares, representing a 0.9223% stake, while other investors like Chen'an Zhizhi and Xiamen Guomao Industrial Development Fund also have notable shareholdings [3]. Group 3: Strategic Partnerships - The investment by Hengxing Group, amounting to 110 million yuan, is seen as a strategic collaboration rather than a mere financial investment, aiming for mutual development in the education technology sector [4]. - Yingqu Technology's investment is driven by strategic diversification goals, intending to enhance its competitiveness in related fields through collaboration with Moore Threads [4].