Core Viewpoint - The company, MoEr Thread, plans to utilize up to 7.5 billion RMB of idle raised funds for cash management to enhance the efficiency of fund usage [1][4] Group 1: Fund Management - The company announced it will use idle funds for cash management within a 12-month period following board approval [1][4] - The investment types include safe and liquid products such as time deposits, structured deposits, and large-denomination certificates of deposit [4] - The purpose of this cash management is to improve the efficiency of raised funds while ensuring the safety and planned usage of these funds [4] Group 2: Financial Background - The company raised approximately 7.9996 billion RMB from its initial public offering (IPO), with a net amount of 7.576 billion RMB after deducting issuance costs [4] - The funds from the IPO were fully received by November 28, 2025, and verified by Ernst & Young [4] Group 3: Stock Performance - MoEr Thread's stock surged by 468.78% on its debut day, closing with a 425.46% increase [6] - As of December 11, the stock price had increased by 723.49% compared to the issue price, significantly outperforming related indices [6] - On December 12, the stock experienced a drop of nearly 20%, falling below 800 RMB [7][8] Group 4: Future Outlook - The company is set to hold its first MUSA Developer Conference on December 19-20, where it will unveil a new GPU architecture [7] - For the first nine months of 2025, the company reported a revenue of 785 million RMB and a net loss of 724 million RMB, with an expected net loss for the full year between 730 million and 1.168 billion RMB [7]
摩尔线程：拟使用不超75亿元闲置募资进行现金管理，提高资金使用效率