Core Viewpoint - Moer Technology (688795.SH) has experienced a significant decline in stock price, with a drop of 5.90% on December 19, resulting in a total market value loss of 70.871 billion RMB over five trading days [1]. Group 1: Financial Management - Moer Technology announced the use of part of its idle raised funds for cash management, approved by its board on December 12, 2025, without requiring shareholder approval [1]. - The company plans to utilize up to 750 million RMB of idle raised funds for cash management within 12 months from the board's approval, allowing for rolling use of the funds [1]. - The company will strictly control risks and invest in safe, liquid principal-protected products, with the income from these investments allocated to supplement project funding and daily operational liquidity [2]. Group 2: Fundraising Details - Moer Technology's initial public offering raised a total of 799.96 million RMB, with a net amount of 757.60523 million RMB after deducting issuance costs, which is 42.39477 million RMB less than originally planned [3]. - The company intended to raise 800 million RMB for various projects, including the development of AI training chips and graphics chips, as well as to supplement working capital [3]. - The total issuance costs for the public offering amounted to 42.35477 million RMB, with underwriting fees constituting 39.198 million RMB [4].
摩尔线程公告不超75亿募资现金管理 市值1周蒸发700亿