12月5日，被誉为"国产英伟达"的摩尔线程正式登陆科创板，开盘价650元，涨幅468.8%，较发行价114.28元，中一签净赚超过26万元。若以目前盘中最高 价算，一签赚超过28万元。 Wind用户在金融终端输入 ACHA T(Ali ce chat) 千亿级参数智能模型， 能理解复杂金融概念 20年金融数据沉淀，分析能力媲美行业专家 手机和电脑实时联动，确保随时随地高效响应 为用户提供智能化的工作新体验 // 上市速度快 // 自上市之日起纳入科创成长层。这家成立仅5年的GPU龙头企业，从6月30日IPO申请获受理到10月30日完成注册，全程仅用122天，其中受理至过会更是 创下88天的科创板过会纪录。这一"上市加速度"的背后，正是科创板"1+6"改革政策释放的制度红利，彰显了资本市场服务新质生产力发展的突出作用。 摩尔线程相关负责人表示，作为一家专注于全功能GPU自主研发与设计的硬科技企业，公司有两点突出感受：首先，科创板自设立以来，为包括摩尔线程 在内的大量处于关键成长期、尚未盈利的科技创新企业提供了不可或缺的资本支持；其次，科创板"1+6"政策的迅速出台与落实，生动展现了从顶层设计 到具体执行令人瞩目 ...

Core Viewpoint - The introduction of the "1+6" policy by the China Securities Regulatory Commission (CSRC) aims to facilitate the listing of loss-making companies on the Sci-Tech Innovation Board (STAR Market), addressing the challenges faced by tech firms in securing funding and going public [2][4]. Group 1: Policy Overview - The "1+6" policy includes the establishment of a Sci-Tech Growth Layer on the STAR Market, allowing companies with losses or zero revenue to list [2][4]. - Currently, there are 30 companies marked with a "U" indicating they are in the Sci-Tech Growth Layer, which allows for listing despite losses [4]. - New regulations require companies registered after the new rules to meet stricter criteria to remove the "U" mark, compared to previous standards [6]. Group 2: Listing Standards - The first standard for listing requires companies to be profitable in the last two years with a total profit of at least 50 million yuan, or to have a profit and revenue of at least 100 million yuan in the last year [7]. - The fifth standard allows companies with losses and zero revenue to list, provided they have a market value of over 4 billion yuan and meet other specific criteria [9][10]. - Currently, 20 companies have utilized the fifth standard for listing, primarily in the biopharmaceutical sector [12][13]. Group 3: New Measures - The policy introduces six reform measures, including expanding the fifth standard to support more frontier technology sectors like artificial intelligence and commercial aerospace [8][17]. - A new mechanism for pre-IPO review is being piloted to protect sensitive information for high-quality tech companies [22][23]. - Companies can now raise funds from existing shareholders during the IPO process, which is beneficial for those lacking self-sustaining financial capabilities [24][25]. Group 4: Investment and Oversight - The introduction of a system for professional institutional investors aims to enhance the evaluation of companies that qualify for the fifth standard, ensuring better judgment on their future prospects [19][20]. - The CSRC emphasizes the need for strict regulatory measures to prevent fraudulent activities and protect investor rights, ensuring that companies meet multiple criteria for listing [28].