Core Viewpoint - The upcoming IPO of Nuxi Co., Ltd. is generating significant interest, with comparisons being made to the successful listing of Moore Threads, raising questions about whether it can become the next major player in the domestic GPU industry [1][2] Group 1: IPO Details - Nuxi Co., Ltd. plans to issue 40.1 million shares at an initial price of 104.66 yuan per share, aiming to raise approximately 4.197 billion yuan [1] - The offline subscription phase saw overwhelming demand, with 269 institutional investors and 7,719 allocation objects participating, leading to a total effective subscription of 57.169 billion shares [1] - The overall allocation ratio for offline investors was approximately 0.03993%, with only 2.28291 million shares available for initial offline allocation after strategic placements [1] Group 2: Market Performance and Comparisons - Moore Threads, often referred to as a counterpart to Nuxi, saw its stock price surge to 600.5 yuan on its first trading day, marking a 425.46% increase, and its market capitalization exceeded 282.3 billion yuan [2] - As of December 12, Moore Threads' stock price reached 814.88 yuan, with a total increase of 613.06% since its listing, making it the fifth largest company by market cap on the STAR Market [2] - The initial subscription rate for Nuxi is lower than that of Moore Threads, with a final online subscription rate of 0.03348913% compared to Moore Threads' 0.03635054% [2] Group 3: Company Overview and Financials - Nuxi Co., Ltd. was established in September 2020, focusing on the intelligent computing market, with key products including the Xisi N series, Xiyun C series, and Xicai G series [3] - The company plans to launch its first domestically produced general-purpose GPU, Xiyun C600, by the end of this year, with mass production expected in the first half of 2026 [3] - Financial projections indicate that Nuxi's revenue for 2025 could range from 1.5 billion to 1.98 billion yuan, representing a growth of 101.86% to 166.46% compared to 2024 [4]
比摩尔线程更“难抢”沐曦股份会是下一只国产GPU“大肉签”吗？