Behind the sharp rise in Moorish Thread's stock price on the first day of its IPO, in addition to some individual investors getting a surprise, a group of institutional investors involved in a new venture also became potential winners, making huge profits. At the release stage, Moore Thread's initial strategic placement issuance volume was 14 million shares, accounting for 20% of the total number of shares issued. After the launch of the rebate mechanism, the final number of shares issued offline was 39.2 million shares, accounting for 70% of the number issued after deducting the number of final strategic placements; the final number of shares issued online was 16.8 million shares, accounting for 30% of the number issued after deducting the number of final strategic placements. According to Moore Thread's announcement, the final number of shares issued offline was 39.2 million shares, with an overall profit of about 19.06 billion yuan. The lineup of offline distribution agencies participating in this launch is strong.

Behind the sharp rise in Moorish Thread's stock price on the first day of its IPO, in addition to some individual investors getting a surprise, a group of institutional investors involved in a new venture also became potential winners, making huge profits. At the release stage, Moore Thread's initial strategic placement issuance volume was 14 million shares, accounting for 20% of the total number of shares issued. After the launch of the rebate mechanism, the final number of shares issued offline was 39.2 million shares, accounting for 70% of the number issued after deducting the number of final strategic placements; the final number of shares issued online was 16.8 million shares, accounting for 30% of the number issued after deducting the number of final strategic placements. According to Moore Thread's announcement, the final number of shares issued offline was 39.2 million shares, with an overall profit of about 19.06 billion yuan. The lineup of offline distribution agencies participating in this launch is strong.