摩尔线程，11月24日申购

Core Viewpoint - Moer Technology has disclosed its intention to conduct an initial public offering (IPO) and list on the Sci-Tech Innovation Board, with a total of 70 million shares to be issued, representing 14.89% of the post-issue total share capital [1][2]. Company Basic Information - The full name of the issuer is Moer Technology (Beijing) Co., Ltd., with the stock code 688795 and the online subscription code 787795 [2]. - The company operates in the computer, communication, and other electronic equipment manufacturing industry, classified under industry code C39 [2]. IPO Details - The IPO will utilize a combination of directed placements to strategic investors, offline inquiries for qualified investors, and online pricing for public investors holding non-restricted A-shares and non-restricted depositary receipts in the Shanghai market [2]. - The total number of shares before the issuance is approximately 400 million, with the planned issuance of 7 million shares [2]. - The expected number of new shares to be issued is 7 million, with no existing shares being transferred [2]. - The initial online issuance quantity is 1.12 million shares, while the offline issuance quantity is 4.48 million shares [2]. - The strategic placement will account for 20% of the planned issuance, amounting to 1.4 million shares [2]. Important Dates - The preliminary inquiry date is set for November 19, 2025, with the subscription date on November 24, 2025 [2]. - The offline subscription will occur on November 24, 2025, and the online subscription will also take place on the same day [2]. - Payment deadlines for offline and online subscriptions are November 26, 2025 [2]. Financial Status - As of the date of the prospectus announcement, Moer Technology has not yet achieved profitability. If the company remains unprofitable at the time of listing, it will be classified under the Sci-Tech Growth Tier [2].