Dubbed as "the stock of China's first domestically-developed GPU company", Moore Threads made its official debut on the Science and Technology Innovation Board under the stock code 688795, with an initial offering price of RMB 114.28. By the end of today's trading session, its share price had soared to RMB 600.50, reflecting an astonishing 425.46% surge and propelling the company's total market capitalization to a staggering RMB 282.3 billion. Since its inception in 2020, Moore Threads has been dedicated to the development of full-featured GPUs through independent research and development efforts, with the ambition to furnish computing acceleration platforms tailored for the high-performance computing industry. Presently, the company boasts the successful launch of four generations of GPU architectures, complemented by a diverse array of product offerings. On the consumer front, Moore Threads has unveiled gaming graphics cards like the MTT S80 and MTT S70, which not only offer compatibility with a range of domestically-produced CPUs but also seamlessly integrate with prevalent AMD and Intel platforms. Furthermore, the company has crafted a multitude of products and tools leveraging the MUSA architecture.