Wondershare(SZ:300624) Zhi Tong Cai Jing·2025-08-01 02:10Core Insights - Figma, a creative design software company, went public on July 31, with an initial share price of $33, closing at $115.5 on its first day, marking a 250% increase and a market capitalization exceeding $56.3 billion, highlighting the growing interest in AI design collaboration [1] - Wankang Technology, known for its "Chinese version of Figma," Pixso, holds nearly 15% equity in the company behind Pixso, Bosi Cloud Innovation, indicating a strategic partnership focused on technology empowerment and resource support [1][2] Company Overview - Wankang Technology is recognized as one of the most globalized and comprehensive digital creative software companies in China, with operations in over 200 countries and regions, and a user base exceeding 1.5 billion [3] - The company has developed a range of products, including Wankang Tianmu multimedia model and various AI-enabled tools, positioning itself as the "Chinese version of Adobe" [3] Product Development - Pixso is the first integrated design collaboration platform in China, capable of replacing Figma, Sketch, Adobe XD, and Axure, and gained significant attention after Figma ceased support for Chinese enterprises in 2022 [2] - Wankang Technology also launched the Wankang Whiteboard, enhancing online collaborative design capabilities, and holds a 22% stake in Beijing Modao Keshishi, which offers advanced prototyping and collaboration tools [2]