PANews April 26 news, according to Jinshi reports, Moore Threads announced that in the first quarter of 2026, Moore Threads achieved revenue of 738 million yuan, a year-on-year increase of 155.35%. The net profit attributable to the parent company in the first quarter was 29.36 million yuan, compared to a loss of 112 million yuan in the same period last year. During the reporting period, the company focused on the research and development and innovation of fully functional GPUs, and the products achieved scalable implementation, further promoting rapid growth in revenue.

Previous news, “the first domestic GPU stock” Moore Threads co-founder Li Feng was reported to have engaged in money laundering in the cryptocurrency space and borrowed 1500 BTC without repayment.

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