近日，量化派在港交所更新招股书，第五次向香港主板发起冲击。作为中国消费领域的重要参与者，此次递表不仅是企业 自身的关键资本动作，更折射出中国线上消费市场在技术赋能下的广阔前景。 量化派创立于2014年，是一家专注于中国消费领域的线上市场运营商。公司秉承"数字驱动世界，智能点亮生活"的使命，依 托自主研发的AI技术平台，为消费者与合作伙伴提供智能化、精准的消费体验。通过多元消费场景的数字化运营，其在智 能推荐、精准分发和用户运营方面具备核心优势，能为合作伙伴提供从流量获取到客户管理的全链路支持，凭借领先技术 实力与专业团队，持续助力消费产业数字化发展。 中国线上消费市场的蓬勃发展，为量化派提供了肥沃土壤。数据显示，中国线上消费商店市场规模从2020年的13.9万亿元增 至2024年的25.7万亿元，复合年增长率达16.5%;预计2025年至2029年，将从29.1万亿元进一步增长至41.2万亿元，复合年增 长率9.1%。2024年该市场占整体零售市场份额已达36.9%，且未来占比有望持续提升。 在此赛道上，量化派精准定位"线上市场运营商"，不直接涉足零售，而是为生态参与者提供基础设施服务。截至2025年5月 3 ...

Group 1 - Deepseek technology is rapidly being adopted across various sectors, including government and leading companies, transforming AI models into practical tools for production and daily life [1] - Quantipai, an AI technology company founded in 2014, has submitted its listing application to the Hong Kong Stock Exchange, with CICC and CITIC Securities as joint sponsors [1] - The company has developed the "Liangxingqiu" AI technology platform since 2021, providing customized solutions for business partners in a flexible and scalable manner, which has gained widespread market recognition [1] Group 2 - The R&D team, led by founder and CEO Dr. Zhou Hao, consists of 58 technical personnel, accounting for approximately 45% of the total workforce [2] - R&D expenses for the fiscal years 2021, 2022, 2023, and the first half of 2024 were 44.4 million, 60.7 million, 46.9 million, and 17.1 million respectively [2] - The company holds 50 software copyrights, 736 registered trademarks, and nine patents in China, with five additional patents pending [2] Group 3 - Quantipai has received multiple honors and certifications, including recognition as a national high-tech enterprise and various awards in the AI industry, highlighting its capabilities and achievements [3] - The company has built an intelligent empowerment ecosystem through its "Liangxingqiu" platform, providing precise tools for digital transformation and validating the commercial value of AI-driven consumer operations [3] - The upcoming listing is seen as a recognition of its "technology + scenario" dual-driven model, marking a significant step towards technological upgrades and ecosystem expansion [3]