5年超5000倍，A股最狠造富故事，藏不住了

Core Viewpoint - Moole Technology, known as the "domestic Nvidia," officially listed on the Sci-Tech Innovation Board on December 5, igniting enthusiasm in the A-share market [1][23]. Stock Performance - The stock opened at 688 CNY per share, soaring 502% from the issue price of 114.28 CNY, with a market capitalization reaching 282.3 billion CNY by the end of trading [2][23]. - The closing price allowed ordinary investors to realize a floating profit of approximately 267,900 CNY for a single lot (500 shares), equivalent to a down payment for a house in a second-tier city [2][24]. Major Shareholder Gains - Shenzhen Minghao, the highest-earning external shareholder, invested 80 million CNY at a pre-valuation of 4.2 billion CNY, holding 19.92 million shares worth 11.966 billion CNY post-listing [5][6]. - Sequoia Capital invested 238 million CNY, holding 19.15 million shares valued at 11.504 billion CNY [7][28]. - Guosheng Capital, a state-owned investor, led a funding round with 635 million CNY, holding 19.59 million shares worth 11.765 billion CNY [9][10]. - Peixian Qianyao, an early investor, holds 3.62% of shares valued at 10.205 billion CNY, with a return rate exceeding 5000 times [12][33]. Institutional Participation - A total of 94 public funds and 113 private funds participated in the offline allocation, acquiring 23.24 million shares worth 2.656 billion CNY [18][37]. - The total number of institutions participating in the offline subscription reached 267, setting a record for the year in the Sci-Tech Innovation Board [18][37]. - Public funds were the main force in this round of new share subscriptions, with E Fund's products acquiring 3.8418 million shares, resulting in a floating profit of approximately 1.866 billion CNY [20][38]. Financial Performance and Future Challenges - The company has experienced nearly 9 times revenue growth over five years, with investment returns reaching thousands of times [22][38]. - However, the company faces significant challenges, including cumulative losses of nearly 6 billion CNY and an unproven commercialization path, creating a gap that needs to be bridged through technological breakthroughs and market validation [22][38].