Ruifeng New Materials disclosed on an interactive platform that, in 2022, the company took an indirect stake in Moore Threads. This was achieved by subscribing to a fund share valued at RMB 90 million in the Zhongyuan Qianhai Equity Investment Fund (Limited Partnership). The fund's total investment in Moore Threads reached RMB 29.735 million, representing a 0.2423% investment stake. As for the listing timeline of Moore Threads, it will hinge on the company's official announcement schedule.