GPU (688795.SH)7000 Successfully launched the fourth generation GPU architecture. Moore Threads (688795.SH) plans to publicly issue 70 million shares.

China Finance and Economics App News, Moor Thread (688795.SH) disclosed its IPO prospectus, with the company planning to publicly issue a total of 70 million shares, accounting for 14.89% of the total share capital after the issuance. The company's senior management and core employees are planning to participate in this issuance through an asset management plan, with the total number of shares involved in the strategic placement not exceeding 10% of the total issuance, i.e. 7 million shares; and the total amount of subscription not exceeding 333 million yuan. CITIC Securities Investment Limited will participate in the strategic placement, with an initial follow-up ratio expected to be 2% of the total number of shares issued, i.e. 1.4 million shares. The inquiry date for this issuance is November 19, 2025, the subscription date is November 24, 2025, and the company will apply for listing on the Sci-Tech Innovation Board as soon as the issuance is completed.