智谱华章启动港股IPO，募资约43亿港元，基石投资者认购近七成

Group 1 - The company Beijing Zhipu Huazhang Technology Co., Ltd. has officially launched its initial public offering (IPO) process on the Hong Kong Stock Exchange, with the offering set to close on January 5, 2026, and trading expected to begin on January 8, 2026, under the stock code "2513" [1] - The IPO plans to issue approximately 37.42 million H-shares, with 1.87 million shares allocated for public offering in Hong Kong and 35.55 million shares for international offering. The issue price is set at HKD 116.20 per share, aiming to raise approximately HKD 4.3 billion, with an expected market capitalization exceeding HKD 51.1 billion upon listing [1] - Eleven institutions have been introduced as cornerstone investors, including JSC International Investment Fund SPC, JinYi Capital Multi-Strategy Fund SPC, Shanghai Gao Yi, Taikang Life, and GF Fund, collectively intending to subscribe for approximately HKD 2.98 billion of the offered shares, accounting for nearly 70% of the total global offering [1] Group 2 - Zhipu Huazhang is focused on developing general large models in artificial intelligence, having released China's first proprietary pre-trained large model framework, GLM, in 2021, and open-sourced the first model with over 100 billion parameters, GLM-130B, in 2022. The company provides services based on its large models to both institutional clients and individual users [2]