AI newcomer Zhipu acquires a Beijing office building for 360 million yuan at a bargain price

Mars Finance News: On April 22, Zhipu announced that it has recently acquired 100% of the equity interest in the property company under Anshi Hongzhuan Investment Co., Ltd. The company’s most core asset is the Diamond Building located in Beijing Zhongguancun Software Park. According to the announcement, the total consideration for this transaction is no more than 360 million yuan, including 81.62 million yuan of equity consideration and approximately 279 million yuan of debt assumption, with delivery and transfer expected to be completed by August 31.

Public information shows that the Diamond Building was uniformly planned, developed, and constructed by Beijing Zhongguancun Software Park Development Co., Ltd. around 2001. Over the past 15 years, it has had five sets of owners. The first was Kailongrui Fund together with AVIC Trust; in 2011, it acquired it from the Zhongguancun Software Park company for 268 million yuan. The second was Bank of China Group, which took over in 2014 for 420 million yuan. The third was Oceanwide Capital, which in 2017 acquired six projects including the Diamond Building from a Bank of China Group asset package and exited in 2021. The fourth was Anshi Assets, which after its acquisition also introduced Mitsubishi Estate Japan to jointly operate it. Today, Zhipu, an AI newcomer, has become the Diamond Building’s new owner.

In the announcement, Zhipu stated that it plans to use the property as the company’s headquarters for self-use, to meet daily administrative needs and operational requirements for its large-model business. (Wide-angle Observation)