Core Viewpoint - Century Huatong's investment in the technology company Moore Threads is expected to significantly impact its net profit for the fourth quarter of 2025, with an estimated contribution of 640 million yuan, representing approximately 53% of the company's audited net profit for 2024 [1][5]. Group 1: Investment Details - Century Huatong's wholly-owned subsidiary, Shanghai Shengqu Shuming Enterprise Management Co., Ltd., holds a 7.3121% stake in Guosheng Capital, which owns approximately 19.59 million shares of Moore Threads [3]. - Moore Threads, known as the "first domestic GPU stock," saw its share price increase by 468.78% on its debut, reaching 650 yuan per share, with a market capitalization exceeding 300 billion yuan [3]. - As of December 10, Moore Threads' share price rose to 735 yuan, resulting in a total market capitalization of 345.5 billion yuan [3]. Group 2: Market Context - The capital market has shown a strong enthusiasm for technology companies this year, with many tech IPOs experiencing significant price increases post-listing [1]. - Several A-share listed companies have engaged in direct investments or indirect holdings in technology startups, marking a trend of investment in technological innovation [1][6]. - The investment in Moore Threads is part of a broader trend where listed companies are increasingly investing in technology firms to enhance their growth and market valuation [7]. Group 3: Company Background - Century Huatong was established in 2005 and listed on the Shenzhen Stock Exchange in July 2011, initially focusing on automotive parts before transitioning to the internet gaming industry in 2014 [5]. - The company has diversified its operations to include internet gaming, automotive parts manufacturing, artificial intelligence cloud data, and brain science research, among other fields [5]. - Tencent is noted as a significant shareholder in Century Huatong, indicating strong backing from major industry players [5].
世纪华通参投摩尔线程浮盈超6亿元,上市公司加码“投科技”