浮盈超190亿！摩尔线程上市首日暴涨，网下打新机构大赚

Core Viewpoint - The article highlights the significant market interest and financial success surrounding the IPO of Moer Technology, China's first domestic GPU company, which saw its stock price surge dramatically on its debut, leading to substantial profits for institutional investors and individual shareholders alike [1][3]. Group 1: IPO Performance - Moer Technology's stock price increased by over 500% on its first trading day, peaking at 688 CNY per share before closing at 600.5 CNY, resulting in a first-day gain of 425.46% [1][3]. - The estimated profit for each share subscription was approximately 243,100 CNY based on the closing price, and up to 286,900 CNY at the intraday peak [2][3]. Group 2: Institutional Investor Gains - Institutional investors, particularly public funds, realized significant profits, with total gains estimated at around 19.06 billion CNY from the IPO [5][6]. - A total of 3,920 million shares were allocated to institutional investors, with public funds accounting for 98.44% of the total allocation, amounting to 2,274,060 shares and a profit of approximately 11.06 billion CNY [6][7]. Group 3: Company Overview and Market Position - Moer Technology specializes in the research, design, and sales of GPUs and related products, being recognized as a rare domestic player with full GPU development capabilities, often referred to as having the "NVIDIA gene" [3][4]. - The company reported a revenue of 785 million CNY for the first three quarters of 2025, marking a year-on-year increase of 181.99%, driven by the growing demand for GPUs in the AI sector [4].