Core Viewpoint - Beijing Zhipu Huazhang Technology Co., Ltd. (referred to as Zhipu) officially disclosed its prospectus on December 19, marking a significant step towards its IPO, with a strong revenue growth forecast for the coming years [1] Financial Performance - Revenue projections for Zhipu are as follows: 57.4 million in 2022, 124.5 million in 2023, and 312.4 million in 2024, indicating a doubling of revenue for three consecutive years [1] - The compound annual growth rate (CAGR) from 2022 to 2024 is expected to reach 130% [1] - Gross margin has consistently remained above 50%, with specific rates of 54.6% in 2022, 64.6% in 2023, and 56.3% in 2024, and a projected 50% for the first half of 2025 [1] Market Position - Zhipu has empowered over 12,000 enterprise clients globally, with more than 80 million terminal user devices and over 45 million developers, making it the largest independent general-purpose large model vendor in China [1] - Established in 2019, Zhipu is one of the earliest companies in China to develop large models and is positioned to potentially become the "first stock of global large models" [1]
智谱正式披露招股书 或将成“全球大模型第一股”
Zheng Quan Shi Bao Wang·2025-12-19 13:50