摩尔线程激荡着谁的神经
IPO日报·2025-11-26 05:29

Core Viewpoint - The article highlights the significant market interest and record-breaking achievements of Moole Thread, often referred to as the "Chinese version of Nvidia" and the "first domestic GPU stock" [1][6]. Group 1: IPO Details - Moole Thread's IPO saw a low online subscription rate of 0.03635054%, with 482.66 million investors participating, indicating that only about 4 out of 10,000 investors would receive shares [1]. - The issuance price of Moole Thread is 114.28 yuan, marking the highest issuance price on the Sci-Tech Innovation Board this year [2]. - The offline allocation results showed that 267 institutional investors participated, with A-class investors receiving 98.44% of the allocations, while B-class investors received only 1.56% [4]. - The IPO process from acceptance to approval took only 88 days, setting a record for the fastest IPO review on the Sci-Tech Innovation Board [5]. Group 2: Market Potential and Company Performance - Moole Thread's appeal is driven by the potential for significant returns, with a possibility of earning over 500,000 yuan if the stock price increases tenfold on the opening day [6]. - Despite not being profitable yet, Moole Thread is positioned within the context of China's push for technological independence and the rapid replacement of foreign high-end chips [6][7]. - The global GPU market is projected to reach 36,119 billion yuan by 2029, with China's GPU market expected to account for nearly 40% of this figure [7]. - Revenue projections for Moole Thread indicate growth from 0.46 million yuan in 2022 to an expected 7.02 million yuan in the first half of 2023, but the company is still facing significant losses [8]. - The company anticipates achieving profitability by 2027 if research and market expansion proceed smoothly [8].