Group 1 - MoE Thread's IPO has been approved, taking only 88 days from application to approval, the shortest time for new companies on the Sci-Tech Innovation Board this year [1] - The company is one of the earliest and fastest domestic GPU companies to commercialize, with AI computing products projected to account for 77.6% and 94.9% of revenue in the first half of 2024 and 2025 respectively [1] - The funds raised will be used for the development of next-generation AI training and inference chips, graphics chips, and AISoC chips, as well as to supplement working capital [1] Group 2 - According to Guotai Junan, this represents a substantial advancement for domestic full-function GPU manufacturers in the capital market, with expectations for accelerated R&D investment and ecosystem development [1] - The focus of competition in the domestic computing power supply side is shifting towards interconnect optimization, with future directions including achieving high bandwidth interconnects at lower costs and higher energy efficiency systems [1] - Jiangsu Securities notes that the semiconductor sector's valuation has significantly recovered due to the AI market, with demand for computing chips driving growth along the supply chain [2] Group 3 - Yingqu Technology holds 134,037.4 shares of MoE Thread, accounting for 0.3351% of its pre-issue total share capital, and is actively developing brain-computer interface technology [3] - Maolai Optics provides optical devices for lithography machines, which are essential for achieving light uniformity and exposure imaging [3]