Core Viewpoint - The successful IPO of Beijing-based AI company Haizhi Technology marks a significant milestone in the Hong Kong stock market, highlighting the growing interest and investment in AI companies [4][7][18]. Group 1: Company Overview - Haizhi Technology, established in August 2013, focuses on industrial-grade AI agents and has adopted a pragmatic approach through "graph-model fusion" technology [9][10]. - The company was dubbed the "first stock to eliminate AI hallucinations" due to its innovative approach to reducing inaccuracies in AI outputs [9][10]. - The IPO raised approximately HKD 648 million, with funds allocated primarily for R&D, optimization of its Atlas AI agent, and market expansion [10]. Group 2: Financial Performance - Haizhi Technology reported revenues of approximately CNY 313 million, CNY 376 million, and CNY 503 million for 2022, 2023, and 2024 respectively, indicating steady growth [10]. - The net losses for the same years were approximately CNY 176 million, CNY 266 million, and CNY 93.73 million, with a significant reduction in losses projected for 2024 [10]. - The adjusted net profit for 2024 is estimated at approximately CNY 16.93 million, marking a pivotal point in achieving profitability in the AI sector [10]. Group 3: Market Context - The IPO of Haizhi Technology is part of a broader trend of AI companies entering the Hong Kong market, with 21 new listings reported by February 10, 2026, reflecting a 162.5% year-on-year increase [19][20]. - The Hong Kong stock market is experiencing a resurgence, with expectations for continued activity in 2026 driven by improved market conditions and a focus on the commercial value of technology [21][22]. - The presence of diverse investors, including top-tier venture capital and state-owned funds, underscores the confidence in Haizhi Technology's growth potential and the AI sector's future [14][16].
涨幅超200%，头部机构密集“押注”，海致科技IPO