“中国版英伟达”完成上市辅导，GPU第一股要来了！

Core Viewpoint - The article highlights the recent progress of Moer Thread, often referred to as the "Chinese version of Nvidia," in its IPO journey, indicating a significant milestone for the domestic computing chip industry in China, particularly in the AI era [1]. Group 1: IPO Progress - On June 18, the China Securities Regulatory Commission updated the status of Moer Thread's IPO counseling to "counseling acceptance," marking a key step towards its public listing [1]. - If successful, Moer Thread will be recognized as the first GPU stock in China, symbolizing the achievements of the domestic computing chip sector [1]. Group 2: Market Reaction - Following the IPO news, several related concept stocks experienced an increase, with Heertai rising over 8% during trading and closing up 6.75% [1]. Group 3: Company Background - Moer Thread was established in 2020 with a registered capital of approximately 400 million yuan, focusing on integrated circuit chip design and sales [7]. - The company has completed six rounds of financing, raising over 4.5 billion yuan, with notable investors including Sequoia China, Tencent Investment, and ByteDance [7][9]. Group 4: Product and Technology - Moer Thread offers a comprehensive GPU product line aimed at supporting AI computing for various industries, utilizing its MUSA architecture that integrates multiple computing engines [11]. - The company launched a fully domestic model training platform, Moer Thread KUAE, in December 2023, and supports various open-source projects [12]. Group 5: Strategic Partnerships - Moer Thread has established partnerships with several companies, including Heertai, which holds a 1.244% stake in Moer Thread, and plans to invest in a new GPU server production headquarters [3][4].