Moore Threads Plans to Issue H Shares and List on the Hong Kong Stock Exchange

Moore Threads announced that its board of directors has approved the issuance of H shares and the application for listing on the main board of the Hong Kong Stock Exchange. The company plans to complete this issuance and listing at an appropriate time and issuance window within the validity period of the shareholders' resolution or other periods extended with the consent of shareholders. This issuance is subject to the approval of the shareholders' meeting and requires the filing, approval, and/or authorization from relevant government and regulatory agencies, with specific details yet to be determined, and implementation carries significant uncertainty. Moore Threads focuses on the independent research and design of fully functional GPUs.

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