市值超570亿“中国OpenAI”上市首日涨约12%

Core Viewpoint - Zhiyuan (02513.HK), referred to as "China's OpenAI," has officially listed today, becoming the "world's first large model stock" with a market capitalization exceeding 57 billion HKD after a 12% increase in share price to 130 HKD [1] Company Overview - Zhiyuan is one of the earliest companies in China to engage in large model research and development, having pioneered the general pre-training paradigm GLM based on autoregressive fill-in-the-blank [1] - The company has released several significant models, including China's first hundred-billion model, the first open-source trillion model, the first dialogue model, the first multimodal model, and the world's first device control intelligent agent, establishing a comprehensive model system [1] - Zhiyuan is recognized for maintaining a competitive edge in original technology, aligning with global standards, and is thus dubbed "China's OpenAI" [1] Industry Context - The global AI competition is intensifying, and Zhiyuan's listing as the "world's first large model stock" injects capital vitality into the development of domestic large models [1] - This milestone signifies that Chinese AGI companies are officially entering the capital market, marking a new phase of competition with international giants [1]