Moore Threads wants to raise 7.5 billion for "wealth management," and stock forum users are going crazy

Moore Threads plans to use no more than 7.5 billion yuan of IPO raised funds for cash management, sparking heated discussions among investors. CITIC Securities believes this move is compliant with regulations and does not affect the normal progress of the project. Moore Threads stated that this action will not impact daily operations and project development, aiming to improve capital utilization efficiency. The company's stock price has recently surged significantly, but there is a risk of decline, and the company is facing performance losses