Moor threads have started to apply for subscriptions. One successful application requires payment of 57,000 RMB.

As the highest priced new stock issued within the year, "Hundred Yuan Stock" Moore Thread started its subscription today, with investors needing to pay 57,140 yuan for one share. Calculated at the issue price of 114.28 yuan per share, the total market value of Moore Thread at the time of listing will reach 53.715 billion yuan. However, Moore Thread has also warned in its announcement that the dilution-adjusted static P/E ratio for the company corresponding to this issue price in 2024 is 122.51 times, higher than the average level of comparable companies in the same industry in 2024. There is a risk of future share price decline causing losses to investors.