Moore Threads, a prominent domestic GPU enterprise, has unveiled its Semi-Annual Report for 2026. According to the report, in the first half of 2026, Moore Threads' revenue soared to RMB 1.736 billion, marking a substantial year-on-year increase of 147.42%. This impressive figure even surpassed the company's total revenue for the entire year of 2025. Gross profit amounted to RMB 989 million, representing a year-on-year growth of 103.78%. The company's profitability saw a marked improvement, with the net profit attributable to the parent company and the net profit attributable to the parent company excluding non-recurring items narrowing their losses by 95.73% and 52.37%, respectively, compared to the same period in the previous year. Simultaneously, Moore Threads continued to ramp up its investment in research and development (R&D). In the first half of 2026, R&D spending reached RMB 769 million, up 38.16% year-on-year. Since 2022, the cumulative R&D investment has approached RMB 5.9 billion. During the reporting period, the commercialization process of Moore Threads accelerated comprehensively. The MTT S5000 intelligent computing clusters achieved large-scale sales and were deployed in multiple locations, including Beijing, Wuxi, and Hangzhou. Notably, it was among the first to pass the national Security and Reliability Evaluation, achieving multiple breakthroughs in high-end training capabilities. The company actively expanded its key customer base in the internet and telecommunications sectors, driving sustained revenue growth through a wider array of application scenarios. Furthermore, the MUSA software stack ecosystem continued to evolve, with the number of developers surpassing 800,000.