Shanghai, Feb 8, 2026, 09:09 GMT+8 — The market is shut.
- Shares of Moore Threads on the Shanghai exchange finished 0.45% higher on Feb. 6.
- Pony.ai has teamed up with Moore Threads in a strategic partnership focused on autonomous driving compute.
- Monday arrives with traders eyeing any new disclosures or specific deal terms.
Moore Threads Technology Co., Ltd. Class A (688795) eked out a 0.45% gain to finish at 536.99 yuan on Feb. 6, swinging from 523.01 to 542.69 yuan during the session. Shares remain close to their 52-week low of 523.01 yuan and well off the year’s 941.08 yuan peak, with trading set to resume Monday. 1
With markets on break, investors are left to ponder if the Pony.ai partnership marks genuine interest or simply adds noise to the buzz around China’s emerging GPU players. U.S. export controls are still biting, keeping the spotlight on China’s efforts to build up its own chip sector. 2
Pony.ai has struck a strategic partnership with Moore Threads, aiming to sharpen training and optimization for its L4 autonomous systems. The collaboration taps Moore Threads’ MTT S5000 training-and-inference card along with the “Kua’e” computing cluster. Founder and CEO Peng Jun called the alliance “a real fusion” of AI algorithms and compute. Pony.ai is sticking with its plan to deploy over 3,000 Robotaxis by the end of 2026. 3
A separate filing posted Feb. 7 revealed that Moore Threads’ extraordinary shareholders meeting, held Feb. 6, signed off on the proposed caps for routine related-party transactions set for 2026. Every motion passed without objection. 4
Related-party transactions involve dealings between a company and entities tied to its insiders or major shareholders. Those annual caps? They determine the maximum volume of business allowed with affiliates, offering a look at potential sources of cash flow.
Moore Threads made its Shanghai debut on Dec. 5, 2025. The firm, which designs graphics processing units—GPUs—and other related gear, has become a go-to for Chinese investors looking to wager on homegrown computing strength. 5
Moore Threads, in its Jan. 22 earnings outlook, put 2025 revenue somewhere between 1.45 billion and 1.52 billion yuan, while flagging a projected net loss ranging from 950 million to 1.06 billion yuan—underscoring persistent R&D outlays. 6
This sheds light on why markets snap to attention at any hint of customer names. GPUs demand heavy investment—capital and engineering talent alike—so investors are quick to spot whether chips have actually made it into production systems, rather than just running demos in the lab.
Still, it’s not unusual for strategic cooperation announcements to lag before materializing as substantial orders. Autonomous-driving programs are especially sensitive—regulation, available budgets, and how quickly the technology is deployed in practice all shape outcomes. If things slow down, revenue forecasts could quickly come under pressure.
On Monday, traders are watching for updates on the details and deal terms of the Pony.ai partnership, and also eyeing if Moore Threads signals any tweaks to its related-party transaction plans as 2026 gets underway.
The next key date is April 27, when Moore Threads plans to release its 2025 annual report, Eastmoney’s corporate calendar shows. 7
