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Moore Threads

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IPOUSD 1.2B2025-12-05

Issue Price: RMB 114.28; Listing Market Cap: First day opening price RMB 650.00/share, opening market cap exceeded RMB 300B; Number of Shares Issued: 70,000,000 shares; Lock-up Period: Controlling shareholders and core investors locked up according to STAR Market standards (sponsor institution follow-on investment locked for 24 months) | Source: Prospectus/Exchange Disclosure

View funding history →
Valuation
USD 29.8B (as of 2025-01)
Total funding
USD 2.4B
Data cutoff
2026-08-20

Company Profile

Moore Threads develops full-function GPUs and the MUSA architecture. Founded by Zhang Jianzhong, formerly of NVIDIA China, the company supports AI training, inference, and graphics rendering, representing domestic GPU advancement toward large model computing power.

Founded
2020
Headquarters
Beijing, China
Moore Threads - Profile | Physix Frontier