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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
The State Administration for Market Regulation released the "Compliance Guidelines for Pricing Behavior in the Automotive Industry (Draft for Comments)" and is seeking public feedback. Companies such as BYD and XPeng expressed their support and committed to optimizing their pricing management systems, eliminating price fraud and unfair competition, protecting consumer rights, and promoting high-quality development of the automotive industry
