Core Viewpoint - The company, Zhipu (02513), has successfully listed its shares at a price of HKD 116.2, raising approximately HKD 4.173 billion through the issuance of 37.4195 million shares, indicating strong market interest in its offerings [1] Company Overview - Zhipu is recognized as a leading artificial intelligence company in China, focusing on the development of advanced general large models [1] - Founded in 2019, the company aims to innovate in general artificial intelligence (AGI) within China [1] - The company has made significant advancements in AI research and has steadily expanded its commercial applications to achieve rapid revenue growth [1] Product Development - In 2021, Zhipu launched China's first proprietary pre-trained large model framework, the GLM framework, and introduced its Model as a Service (MaaS) product development and commercialization platform [1] - The platform provides large model services, enhancing the company's market position [1] - In 2022, the company open-sourced its first model with a scale of 100 billion parameters, known as GLM-130B [1] Market Position - According to Frost & Sullivan, Zhipu ranks first among independent general large model developers in China based on projected revenue for 2024, and second among all general large model developers [1]
新股首日 | 智谱(02513)首挂上市 早盘高开3.27% 公司在中国独立通用大模型开发商中位列第一