Moore Thread completes share reform and prepares for listing

Moore Threads Intelligent Technology (Beijing) Co., Ltd. completed its share reform on October 28, changing its market entity type from other limited liability companies to other joint-stock companies (non-listed), and its registered capital increased from 24.4132 million yuan to 330 million yuan. Moore Threads was founded in 2020 and focuses on full-featured GPU chip design, committed to providing powerful computing acceleration capabilities for a wide range of technology ecosystem partners.