The Sci-Tech Innovation Board is about to welcome another AI giant; this pace is much faster than last year.

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Zhipu AI plans to raise 15 billion yuan through an IPO on the Sci-Tech Innovation Board, aiming to join MiniMax in establishing an "A+H" dual listing platform on the A-shares market.
According to Beating Monitoring, Beijing Zhipu Huazhang Technology Co., Ltd. (the first domestic large-model company listed on Hong Kong stocks; hereinafter referred to as “Zhipu Co., Ltd.”; Hong Kong stock code: 2513.HK; the original English name: Knowledge Atlas Technology) has released an announcement. The board of directors has considered and approved a proposal to allocate and issue A-shares and apply for listing on the Shanghai Stock Exchange’s STAR Market. This means that after Zhipu Co., Ltd. was listed on the Hong Kong Stock Exchange on January 8 this year, it has officially kicked off its return to the domestic A-share market and the building of an “A+H” dual-listing platform. Meanwhile, the company plans to change its English name to “Z.AI Co., Ltd.” (the Chinese name remains unchanged) to reflect its global strategy positioning centered on general artificial intelligence. According to the announcement, the number of new A-shares Zhipu Co., Ltd. plans to issue this time accounts for the total share capital after issuance of
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