融券方面，沐曦股份1月6日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元； 融券余量0.00股，融券余额0.00元。 1月6日，沐曦股份跌1.91%，成交额14.62亿元。两融数据显示，当日沐曦股份获融资买入额1.92亿元， 融资偿还1.73亿元，融资净买入1914.82万元。截至1月6日，沐曦股份融资融券余额合计11.07亿元。 资料显示，沐曦集成电路(上海)股份有限公司位于上海市浦东新区海科路999弄C8栋，成立日期2020年9 月14日，上市日期2025年12月17日，公司主营业务涉及研发、设计和销售应用于人工智能训练和推理、 通用计算与图形渲染领域的全栈GPU产品,并围绕GPU芯片提供配套的软件栈与计算平台。主营业务收 入构成为：训推一体GPU板卡97.55%，智算推理GPU板卡1.25%，其他0.80%，训推一体GPU服务器 0.32%，IP授权0.08%。 融资方面，沐曦股份当日融资买入1.92亿元。当前融资余额11.07亿元，占流通市值的10.27%。 截至12月17日，沐曦股份股东户数2.51万，较上期增加20138.71%；人均流通股722股，较上期增加 0.0 ...

Group 1 - The core point of the news is that Muxi Co., Ltd. experienced a stock decline of 3.61% on December 26, with a trading volume of 1.731 billion yuan and a net financing purchase of 4.0733 million yuan for the day [1][2] - As of December 26, the total margin balance for Muxi Co., Ltd. is 1.085 billion yuan, which accounts for 9.66% of its circulating market value [2] - Muxi Co., Ltd. specializes in the research, design, and sales of full-stack GPU products for artificial intelligence training and inference, general computing, and graphics rendering [2] Group 2 - The company's main revenue sources include training and inference GPU boards (97.55%), intelligent computing inference GPU boards (1.25%), and other products [2] - For the period from January to September 2025, Muxi Co., Ltd. achieved a revenue of 1.236 billion yuan, representing a year-on-year growth of 453.52%, while the net profit attributable to the parent company was -346 million yuan, an increase of 55.79% year-on-year [2] - As of December 17, 2025, the number of shareholders for Muxi Co., Ltd. reached 25,100, an increase of 20,138.71% compared to the previous period [2]

国内游戏市场实际销售收入3507.89亿元、国内游戏用户规模达6.83亿……这是中国游戏产业2025年底交出的亮眼成绩单。 12月19日，2025年度中国游戏产业年会大会在上海徐汇举行，期间发布的2025中国游戏产业报告显示，中国游戏为助力新兴经济发展、繁荣中华优秀文化、 激发全民创新创造活力作出了有益贡献。 在文化传承上，文化内核正成为中国游戏在国际舞台上的核心竞争力。中国音像与数字出版协会理事长孙寿山认为，要让游戏成为新时代的"礼乐诗书"，让 游戏承载文明、传承文化、赋能创新成为全行业的追求。 根据多年文化融合赋能实践，伊迪认为目前中国游戏的文化联动已经升维到3.0阶段，中华优秀传统文化已经与游戏剧情、版本、任务、角色深度融合，吸 引着国内外用户在游戏交互中主动寻求中国文化熏陶。 在技术创新领域，作为技术集成与应用的前沿领域，游戏不断驱动AI、数字交互引擎、图形渲染等技术突破。鉴于游戏在技术领域的牵引力，欧盟今年通 过"欧洲创意计划"，加大对独立游戏开发的支持，推动文化多样性和技术创新。 除了自身产值持续增长外，游戏产业具备有极强的外溢效应。中国音数协游戏工委今年启动了游戏助力经济生态发展研究课题，经课题 ...

Core Viewpoint - The debut of Muxi Co., Ltd. on the STAR Market marks a significant milestone as the "second domestic GPU stock," with an impressive opening price surge and record-breaking gains for investors [1][7]. Company Overview - Muxi Co., Ltd. was founded by three senior AMD scientists and focuses on the research, design, and sales of high-performance GPU chips and computing platforms, primarily for artificial intelligence training, inference, general computing, and graphics rendering [12]. - The company is currently in a loss-making state, with projected revenues of 0.4264 million yuan, 53.0212 million yuan, and 743 million yuan from 2022 to 2024, while net losses are expected to be 777 million yuan, 871 million yuan, and 1.409 billion yuan during the same period [12]. Market Performance - Muxi Co., Ltd. debuted at an issuance price of 104.66 yuan per share, opening with a 568.83% increase, reaching a peak of 895 yuan per share, and closing at 806.01 yuan, resulting in a single-day increase of 692.95% and a market capitalization exceeding 330 billion yuan [1][7]. - Investors who successfully subscribed to the shares saw significant profits, with a potential gain of 351,000 yuan at the closing price and over 395,170 yuan if sold at the peak price, setting a record for the highest profit from a new stock in A-shares history [3][8]. Notable Investors - Notable investors include private equity mogul Ge Weidong, who holds a 6.73% stake in Muxi Co., Ltd. through personal and Chaos Investment, with an investment totaling approximately 4 billion yuan and a potential market value exceeding 24 billion yuan at peak prices [4][10]. - The shareholder list also includes prominent venture capital firms such as Sequoia China and Matrix Partners, as well as state-owned investment funds [5][10].

摩尔线程将 发布新一代GPU架构。 12月5日，"国产GPU第一股"摩尔线程在科创板上市。上市首日，公司股价一度涨超500%，冲高至688元/股，随后回落。截至收盘，摩尔线程当日上涨425.46%，股 价上涨486.22元/股，股价达到600.5元/股。按收盘价估算，一签摩尔线程浮盈约24.31万元。 今日（12月9日），摩尔线程股价一度涨近6%，截至收盘，涨5.73%，最新股价报628.31元/股，总市值超2950亿元。 综合自：摩尔线程、Wind行情 12月9日，摩尔线程发布消息称， 12月19日至20日，摩尔线程首届MUSA开发者大会（MUSA Developer Conference，简称MDC 2025）将在北京中关村国际创 新中心拉开帷幕。 据介绍，摩尔线程创始人、董事长兼CEO张建中将首次系统阐述以MUSA为核心的全栈发展战略与未来愿景，并发布新一代GPU架构、推出涵盖产品体系、核心技 术及行业解决方案的完整布局，分享多领域落地案例与生态建设进展。演讲还将深入分享摩尔线程在AI计算、图形渲染、科学计算及多场景融合中的落地实践、生 态进展与前瞻思考。 责编：万健祎 校对： 杨立林 版权声明 证券时 ...

摩尔线程官方公众号12月9日发文称，12月19日至20日，摩尔线程首届MUSA开发者大会（MUSA Developer Conference，简称MDC 2025）将在北京中关村国际创新中心拉开帷幕。作为国内首个聚焦全 功能GPU的开发者盛会，大会以"创造、链接、汇聚（Create， Connect， Converge）"为核心理念，直 面技术自立自强与产业升级的时代命题。 文中表示，大会主论坛将聚焦驱动千行百业数智化转型的核心引擎——智能算力。摩尔线程创始人、董 事长兼CEO张建中将首次系统阐述以MUSA为核心的全栈发展战略与未来愿景，并重磅发布新一代GPU 架构、推出涵盖产品体系、核心技术及行业解决方案的完整布局，分享多领域落地案例与生态建设进 展。演讲还将深入分享摩尔线程在AI计算、图形渲染、科学计算及多场景融合中的落地实践、生态进 展与前瞻思考。 文中表示，大会主论坛将聚焦驱动千行百业数智化转型的核心引擎——智能算力。摩尔线程创始人、董 事长兼CEO张建中将首次系统阐述以MUSA为核心的全栈发展战略与未来愿景，并重磅发布新一代GPU 架构、推出涵盖产品体系、核心技术及行业解决方案的完整布局，分享多领域 ...

摩尔线程还将联合众多生态伙伴，共同打造 超过1000㎡的沉浸式"MUSA嘉年华"。 编辑 ｜ 钉钉 摩尔线程官方公众号 12月9日发文称， 12月19日至20日， 摩尔线程首届MUSA开发者大会（MUSA Developer Conference，简称MDC 2025） 将在北京中关村国际创新中心拉开帷幕。 作为国内首个 聚焦全功能GPU的开发者盛会，大会以"创造、链接、汇聚（Create, Connect, Converge）"为核心 理念，直面技术自立自强与产业升级的时代命题。 文中表示，大会主论坛将聚焦驱动千行百业数智化转型的核心引擎——智能算力。摩尔线程创始人、董 事长兼CEO张建中将首次系统阐述以MUSA为核心的全栈发展战略与未来愿景，并 重磅发布新一代 GPU架构 、推出涵盖产品体系、核心技术及行业解决方案的完整布局，分享多领域落地案例与生态建 设进展。演讲还将深入分享摩尔线程在AI计算、图形渲染、科学计算及多场景融合中的落地实践、生态 进展与前瞻思考。 此外，大会设立超过20场技术分论坛，议题覆盖智能计算、图形计算、科学计算、AI基础设施（AI Infra）、端侧智能、具身智能、开发者工具与平台 ...

历经五年创新深耕，摩尔线程已成功量产五颗芯片，迭代四代GPU架构和智能SoC产品，实现从芯片、 计算卡到智算集群的多元布局，形成了覆盖人工智能、科学计算与图形渲染等完整的计算加速产品矩 阵，全面支持"云-边-端"全场景。与此同时，公司持续强化自主知识产权体系，截至2025年6月，公司 已获得授权专利514项，数量位居国内GPU企业前列。（文猛） 责任编辑：宋雅芳 新浪科技讯 12月5日上午消息，摩尔线程智能科技（北京）股份有限公司（简称：摩尔线程）今日在上 海证券交易所科创板挂牌上市。据悉，本次发行股份7000.00万股，发行价格为114.28元/股，首发募集 资金80.00亿元，募集资金将主要投向摩尔线程新一代自主可控AI训推一体芯片研发项目、摩尔线程新 一代自主可控图形芯片研发项目、摩尔线程新一代自主可控AISoC芯片研发项目、补充流动资金等。 新浪科技讯 12月5日上午消息，摩尔线程智能科技（北京）股份有限公司（简称：摩尔线程）今日在上 海证券交易所科创板挂牌上市。据悉，本次发行股份7000.00万股，发行价格为114.28元/股，首发募集 资金80.00亿元，募集资金将主要投向摩尔线程新一代自主可控A ...

Core Viewpoint - The newly listed company "Moore Threads" has created significant wealth effects, with both current and former secretaries of the board (known as "Dongmi") becoming billionaires due to their shareholdings following the company's IPO [6]. Group 1: Key Individuals and Their Holdings - Current Secretary - Xue Yansong holds an indirect shareholding of 0.3041%, valued at approximately 163 million RMB based on the company's post-IPO market capitalization of about 53.7 billion RMB [2]. - Former Secretary - Wang Dong holds an indirect shareholding of 4.8894%, valued at approximately 2.626 billion RMB under the same market conditions [2]. - Xue Yansong joined the company over two years ago and has been the financial head for more than a year, while Wang Dong is a co-founder who has been with the company since its inception in 2020 [2][9]. Group 2: Company Background and Market Position - Moore Threads is recognized as a potential "NVIDIA of China," focusing on GPU and related product development, design, and sales [6][29]. - The company has successfully launched four generations of GPU architectures, targeting high-performance computing fields such as AI and digital simulation [29]. - The company operates under a Fabless model, outsourcing manufacturing and assembly processes while focusing on R&D and design [31]. Group 3: Financial Performance and Future Plans - The company reported significant revenue growth, with a compound annual growth rate of 208.44% over the last three years [39]. - The company plans to use the funds raised from its IPO for various R&D projects, including AI training chips and graphics chips, to enhance its competitive position in the market [49][51]. - The company aims to become a leading GPU enterprise with international competitiveness, providing robust AI computing support for digital transformation across various industries [51].

Core Insights - The company, Moer Thread Intelligent Technology (Beijing) Co., Ltd., is primarily engaged in the research, design, and sales of GPU chips and related products, focusing on full-function GPUs [2] - Moer Thread has launched four generations of GPU architecture and intelligent SoCs, covering a comprehensive range of computing acceleration products in AI computing, high-performance computing, and graphics rendering [2] - The company has established a full-stack AI product line that spans cloud, edge, and end devices [2] Company Development - During the IPO guidance period, the rapid development of Moer Thread was observed, highlighting the company's commitment to an innovative development culture [2] - The management team's perseverance and dedication were notably admired, indicating strong leadership within the company [2] - The company aims to enhance corporate governance and information disclosure while striving for profitability to deliver excellent performance to investors [2]