Moore Threads' H1 revenue surged 147.42% year-on-year to 1.736 billion yuan, with net loss narrowing by 95.73% to 11.56 million yuan, and plans to issue H-shares for a Hong Kong listing.
Moore Threads' semi-annual financial report for 2026 shows that the company's revenue achieved significant growth, driven by the dual catalysts of booming domestic hashrate demand and the accelerated deployment of ten-thousand-card intelligent computing clusters. At the same time, to ensure supply chain stability, the company proactively increased inventory, resulting in a net outflow of cash from operating activities.
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