CNR | Sci-Tech Innovation Accelerates Again: Moore Threads IPO Approved by Listing Review Committee

Beijing, September 26 (CNR Reporter: Niu Guyue) — According to information disclosed on the Shanghai Stock Exchange (SSE) website, Moore Threads Technology Co. Ltd. (hereinafter referred to as "Moore Threads") had its IPO application approved by the Listing Review Committee of the SSE STAR Market on the 26th.

Moore Threads' IPO was approved just 88 days after its application was accepted. "Today also happens to mark the 100th day since the release of the CSRC's '1+6' reform policies for the STAR Market", market observers noted. They believe that following the release of the "1+6" reforms, the STAR Market has shown significant improvements in the efficiency and quality of its review process, demonstrating the STAR Market's speed in serving the nation's strategic priorities and reflecting strong support for technology innovation enterprises.

Public information shows that Moore Threads is a national "Specialized, Sophisticated, Distinctive, and Innovative" little giant enterprise and an industry unicorn. The company mainly engages in the research, design, and sales of full-function GPU products and is one of the few domestic GPU companies capable of supporting both graphics rendering and AI computing.

Editor: Zhu Lini