On September 19, 2025, the Shanghai Stock Exchange made an announcement stating that the Listing Review Committee has arranged to convene its 40th review session on September 26. During this session, the committee will deliberate on the initial public offering (IPO) application submitted by Moore Threads Intelligent Technology (Beijing) Co., Ltd. Established in 2020, Moore Threads is a company that has dedicated itself to the research and development of full - featured GPU chips. In line with its mission, the firm is committed to offering global accelerated computing infrastructure along with comprehensive, one - stop solutions.