“Mole Thread responds to the 20cm limit down: More than 25 million shares will be released. Investors should view this rationally.”
On September 7, 2026, the stock reached a 20cm limit down due to the release of 25.7795 million shares, and its market value fell below 200 billion yuan.
On the morning of September 7, 2026, MoerThread, the leader in computing chip technology for A shares, experienced a decline of 20 cm due to the release of 25.7745 million restricted shares. The stock price on that day was 415.48 yuan, and its total market value fell below 200 billion yuan, reaching a new low since listing. Employees of the company’s securities department said that this release of restricted shares was part of the normal process during the listing phase for public and institutional investors participating in new share offerings. MoerThread’s officials urged investors to view the market fluctuations caused by the increase in tradable shares rationally. Financial data showed that in the first half of 2026, the company’s total revenue was 1.736 billion yuan, a 147.42% increase from the previous year, but its net profit was -11.5631 million yuan; in the second quarter, the total revenue was 999 million yuan, a 141.88% increase, while the net profit was -40.9223 million yuan.
On September 7, 2026, the stock reached a 20cm limit down due to the release of 25.7795 million shares, and its market value fell below 200 billion yuan.
Integrated timelineUNIFIED TIMELINE
2026-09-07
Moore Threads reached a 20cm limit down
Due to the release of 25.7795 million shares, the stock price dropped to 415.48 yuan, and the total market value fell below 200 billion yuan. The tradable share count increased to 56 million shares. The company stated that this was a normal capital node and called on investors to view it rationally.
Moore Thread, the leader in A-share computing chips, fell by 20cm during the morning session due to the lifting of restrictions on more than 25 million shares, closing at 415.48 yuan, and its total market value dropped below 200 billion yuan. The company’s securities professionals said that this was a normal capital timing event, as it involved the lifting of restrictions on shares held by public and institutional investors participating in new share issuance during the listing phase. Moore Thread’s officials urged investors to view the market fluctuations caused by the increase in tradable shares rationally. According to the mid-year report for 2026, the company’s total revenue in the first half of the year was 1.736 billion yuan, a 147.42% increase from the previous year, while net profit was -11.5631 million yuan; in the second quarter, total revenue was 999 million yuan, a 141.88% increase, and net profit was -40.9223 million yuan.
On the early morning of September 7, Moore Thread, the leader in computing power chips, reached the 20cm limit down, hitting a new low since its listing. Its total market value fell below 200 billion yuan. This event marked significant fluctuations in the company’s stock price, reaching the highest limit down for that day, and the market value further shrank to below 200 billion yuan.
Moore Thread, the leader in A-share computing chips, fell 20cm during the morning session today, with its stock price reaching 415.48 yuan. Its total market value dropped below 200 billion yuan. According to recent news, on September 7, 25.7745 million shares of restricted shares were released, accounting for 5.48% of its total share capital. According to Moore Thread's mid-year report for 2026, the company’s total revenue in the first half of the year was 1.736 billion yuan, a 147.42% increase from the previous year, while its net profit was -11.5631 million yuan. In the second quarter, the total revenue was 999 million yuan, a 141.88% increase, and the net profit was -40.9223 million yuan.