Core Insights - Beijing Zhiyu Huazhang Technology Co., Ltd. (Zhiyu) has officially listed on the Hong Kong Stock Exchange, marking the first public company focused on AGI foundational models globally, with a share price of HKD 116.2 and total fundraising of approximately HKD 4.348 billion [1] Company Overview - Zhiyu is recognized as a significant innovator in the general artificial intelligence sector in China, supported by continuous investment from industrial capital and innovation ecosystems [4] - The company aims to enable machines to think like humans, a vision that has driven its efforts since its establishment in 2019 [5] Strategic Partnerships - In 2025, Zhiyu entered into strategic investment agreements with Zhangjiang Group and Pudong Venture Capital Group, focusing on computing power and industrial ecosystem development [4][8] - The collaboration has led to the establishment of the MaaS platform, enhancing the AI capabilities available to enterprises within the Zhangjiang model community [7] Technological Advancements - Zhiyu launched its self-developed algorithm architecture, GLM, in 2020, with the recent release of GLM-4.7 positioning it alongside top international models [5] - The MaaS platform allows community enterprises to efficiently access GLM's full-stack capabilities, significantly reducing costs and improving AI application development [7] Ecosystem Development - The Zhangjiang model community has become a core hub for AI industry ecosystems, housing nearly 200 enterprises across various AI fields since its operation began in August 2024 [12] - Zhiyu's listing is seen as a starting point for higher-quality collaborative development within the AI sector, leveraging Zhangjiang's resources and Zhiyu's technological strengths [12]
智谱成功上市！张江助力“全球大模型第一股”诞生