Moore Threads, the Chinese domestic semiconductor company focused on independent R&D and design of full-function general-purpose GPUs, said in an announcement that its board of directors has reviewed and approved a proposal to issue H shares and list on the Main Board of the Hong Kong Stock Exchange (HKEX). Under the plan, the company will issue overseas-listed foreign shares (H shares) and apply for a Main Board listing in Hong Kong. It intends to complete the offering at an appropriate time and issuance window within the validity period of the shareholders' resolution, or any other period extended with shareholder consent. The issuance still requires deliberation at a shareholders' meeting, plus filings, approvals and/or authorizations from relevant government and regulatory agencies. The announcement noted that no specific details have been finalized so far and that whether the plan can ultimately be implemented carries significant uncertainty. Moore Threads is a domestic Chinese semiconductor company dedicated to the research and development of full-function general-purpose GPUs.
Moore Threads, the Chinese domestic semiconductor company known for self-developed full-function general-purpose GPU design, said in an announcement that its board has reviewed and approved a proposal to issue H shares and list on the Main Board of the Hong Kong Stock Exchange (HKEX).
Under the plan, the company will issue overseas-listed foreign shares (H shares) and apply for a Main Board listing on HKEX. The offering and listing would be completed at a time and issuance window selected within the validity period of the shareholders' resolution, or any other period shareholders agree to extend.
The issuance still requires review at a shareholders' meeting, plus filings, approvals and/or authorizations from relevant government and regulatory bodies. Specific details have yet to be finalized. The company said whether the plan can be implemented is subject to significant uncertainty.
Moore Threads is a domestic Chinese semiconductor company dedicated to the independent research, development and design of full-function GPUs, or general-purpose graphics processors.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
