刚刚！国产GPU第一股来了！

Core Viewpoint - The article discusses the rapid progress of Moole Technology's IPO approval and its ambitious plans for the development of AI and graphics chips, highlighting the company's growth trajectory and market strategy [2][4]. Group 1: IPO Progress - On October 30, the China Securities Regulatory Commission approved Moole Technology's IPO application, marking a significant milestone for the company [2]. - The IPO was accepted on June 30, 2025, passed review on September 26, and registered on October 30, taking only 122 days from acceptance to registration [2]. - Moole Technology aims to raise 8 billion yuan through the IPO to fund various projects, including AI chip development and graphics chip research [2]. Group 2: Financial Performance - Moole Technology's revenue for 2022 to 2024 is projected to be approximately 46 million yuan, 124 million yuan, and 438 million yuan, showing substantial growth [4]. - The company reported net losses of approximately -1.84 billion yuan, -1.67 billion yuan, and -1.49 billion yuan for the same years [4]. - In the first half of 2025, Moole Technology achieved revenue of 702 million yuan, surpassing the total revenue from 2022 to 2024, but still incurred a net loss of -271 million yuan [4]. Group 3: Gross Margin Trends - The gross margin for Moole Technology from 2022 to the first half of 2025 was -70.45%, 27.84%, 72.32%, and 69.17%, indicating a positive upward trend [4]. - The initial low gross margin was attributed to a strategy of gaining market share through competitive pricing [4].