葛卫东看好，摩尔押注，五一视界开启招股了！

Core Viewpoint - 51WORLD is set to launch an IPO, aiming to raise up to HKD 841 million, positioning itself as the first "Physical AI" stock on the Hong Kong Stock Exchange [1] Group 1: Company Overview - 51WORLD, established in 2015, is a leading player in the Physical AI sector, focusing on 3D graphics, simulation, and artificial intelligence [1] - The company has developed three core businesses: 51Aes (digital twin platform), 51Sim (synthetic data and simulation platform), and 51Earth (digital earth platform) [1] - Its products and solutions are utilized by over 1,000 large and medium-sized enterprises globally, with operations in 19 countries and regions [1] Group 2: Shareholder and Investment Landscape - The company boasts a strong shareholder base, including industry giants, top investment institutions, local state-owned enterprises, and notable individual investors, creating a significant advantage in "industry empowerment + capital protection" [2] - Strategic shareholder Moore Threads, a leading domestic GPU company, not only provides financial support but also enhances technical collaboration and ecosystem expansion [2] - 51WORLD has attracted interest from top investment institutions, including state-owned investors like Nanning Financial Investment and market-oriented funds such as Lightspeed and Yunjiu [2] - Notable individual investors like Ge Weidong and Liang Bota have also shown interest, with Ge's other investment in GPU star company Muxi achieving a market value of HKD 332 billion on its first trading day [2] - The concentrated investment from prominent shareholders and the enthusiastic capital market response reflect 51WORLD's core competitive advantages in technology and business model, as well as the high recognition of its sector's value [2]