Group 1 - The core point of the news is the successful IPO of Moore Threads, marking it as the largest IPO on the STAR Market in 2024 and the fastest approval since 2022, taking only 88 days from acceptance to approval [1] - Moore Threads has successfully mass-produced five chips and developed four generations of GPU architecture and intelligent SoC products, creating a comprehensive product matrix that supports AI, scientific computing, and graphics rendering [1] - The company is one of the few domestic GPU manufacturers capable of providing full computational precision support from FP8 to FP64 and is the first domestic GPU company to launch a DirectX12 graphics acceleration engine [1] Group 2 - Muxi Co., Ltd. has initiated its IPO process on the STAR Market, with its application accepted on June 30, 2025, and approved by the listing committee on October 24 [2] - The company is developing a full-stack GPU product line, including the Xisi® N series for intelligent computing inference, the Xiyun® C series for general computing, and the Xicai® G series for graphics rendering, aimed at meeting high efficiency and versatility in computing power [2] - Muxi plans to raise 3.904 billion yuan for projects related to new high-performance general-purpose GPU development and industrialization, as well as AI inference GPU development [2]
摩尔线程在科创板上市，沐曦股份启动科创板申购 | 投研报告