51WORLD更新招股书：或成「港股数字孪生第一股」，葛卫东、梁伯韬为股东

Core Viewpoint - 51WORLD is advancing its IPO process on the Hong Kong Stock Exchange under the 18C framework, having previously considered listings on domestic exchanges. The company focuses on the digital twin industry in China, leveraging technologies in 3D graphics, simulation, and artificial intelligence [2][3]. Group 1: Company Overview - Founded in 2015, 51WORLD specializes in the digital twin industry, with three core business areas: 51Aes (digital twin platform), 51Sim (synthetic data and simulation platform), and 51Earth (digital earth platform) [2][3]. - 51Aes aims to enhance design and operational efficiency for enterprise clients, offering solutions across various sectors, including urban planning and industrial applications [3]. - 51Sim, launched in 2017, focuses on synthetic data and simulation, providing platforms for smart driving and robotics, and has served hundreds of clients in the smart driving sector [3][4]. - 51Earth, established in 2022, connects builders, developers, and consumers, and has attracted thousands of users since its launch [4]. Group 2: Market Position and Achievements - 51WORLD is recognized as the first company in the digital twin industry to implement a "Earth Cloning" plan and offers a comprehensive digital twin solution [4]. - The company achieved over 250 million HKD in revenue within a year, ranking first in revenue in the digital twin industry in 2023, and also leads in financing amounts in the Chinese digital twin market [4]. Group 3: Financial Performance - Revenue figures for 51WORLD from 2022 to 2024 are 170 million CNY, 256 million CNY, and 287 million CNY, with corresponding gross margins of 65.0%, 54.2%, and 51.0% [5]. - The company has attracted investments from notable firms and individuals, with significant stakes held by investors such as Lightspeed China Partners and Cloud Nine Capital [5]. - Following a Series F funding round in June 2024, 51WORLD's valuation reached 4.4 billion CNY, with IPO proceeds primarily allocated for R&D and operational purposes [5].