Group 1 - The core viewpoint of the news is that the company, Zhipu, is advancing its A-share listing plan after its H-share listing, with a new IPO counseling registration and a change in counseling institutions [1] - Zhipu has become the first publicly listed company globally focused on general artificial intelligence (AGI) since its listing on the Hong Kong Stock Exchange on January 8, with a stock price increase of over 235% since then, reaching HKD 427.20 per share and a market capitalization exceeding HKD 190 billion [1] - The company launched its next-generation flagship model, GLM-5, on February 11, which has shown state-of-the-art performance in coding and agent capabilities, and is now available on its development platforms [1][2] Group 2 - Zhipu's GLM Coding Plan was sold out shortly after its launch on February 12, indicating strong demand for its AI programming model, despite a 30% price increase [2] - The GLM-5 model has been optimized for compatibility with major domestic chip platforms, enabling high throughput and low latency on domestic computing clusters [2] - Zhipu is recognized as a leading AI company in China, focusing on the development of advanced general large models, and has achieved significant revenue growth through its model-as-a-service (MaaS) platform [2][3]