Shanghai, Feb 2, 2026, 08:12 (GMT+8) — Premarket
- Moore Threads Class A shares ended at 590.01 yuan, slipping 0.01%, just before Shanghai’s market opened on Monday
- Company released materials ahead of its Feb. 6 shareholder meeting, which includes a vote on a cap for related-party transactions extending through 2026
- Traders are eyeing upcoming filings and the buildup to the company’s first full annual report as a public entity
Moore Threads Technology Co Ltd Class A shares showed little movement as Monday trading began, following the release of meeting materials ahead of a Feb. 6 shareholder vote. The Shanghai Stock Exchange-listed company’s stock last closed at 590.01 yuan on Jan. 30, slipping just 0.07 yuan, or 0.01%.
The timing is key since Moore Threads just debuted on Shanghai’s tech-focused STAR Market. Early corporate moves reveal how the company plans to operate as a public entity. It went public on Dec. 5, per the exchange.
The meeting pack dated Jan. 31 schedules the on-site meeting for Feb. 6 at 2:30 p.m. in Beijing, with online voting via the exchange system also on that day. Only one proposal is up for approval: the estimated cap on 2026 “daily related-party transactions.” CFi.cn
Related-party transactions involve deals with firms connected to executives or major shareholders. They’re common in China but often attract scrutiny due to potential issues with pricing and reliance. According to a filing on Jan. 22, Moore Threads projects up to 1.48 billion yuan in related-party orders for 2026. These largely cover purchases of materials, assets, and technical services. That compares to 1.67 billion yuan in actual orders recorded in 2025, the notice revealed.
The company designs graphics processing units (GPUs) and related tech for AI computing and graphics rendering, according to its profile. Moore Threads debuted on the public market Dec. 5, 2025, data from TradingView showed.
The shares have swung widely since their debut, moving between 556 yuan and 941.08 yuan, data from AASTOCKS shows.
Investors aren’t just focused on the shareholder vote—they’re also eyeing the company’s first annual report as a listed entity. According to the Shanghai STAR Market schedule, Moore Threads will release its 2025 annual report on April 27.
But the situation works both ways. Moore Threads is still losing money by conventional measures and its stock price leaves little margin for unexpected moves. The domestic chip industry itself is grappling with shifting demand, evolving policies, and stiff competition from global giants like NVIDIA Corp. Competitors also include Cambricon Technologies Corp Ltd and Hygon Information Technology Co Ltd, according to data from Simply Wall St.
Monday’s session will hinge on whether the stock pushes beyond last week’s range. Traders will also watch for any new company disclosures ahead of the meeting.
The next key date is Feb. 6, when shareholders will vote on the 2026 related-party transaction estimate. The company is also required to release the meeting results that day.
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