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StepFun Will Complete Financing of Nearly US$2.5 Billion
6 hour ago /
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Author：小编
Domestic large model company StepFun is set to complete financing of nearly US$2.5 billion and has dismantled its red-chip structure to accelerate its IPO in Hong Kong. In the latest round of financing, industrial chain (Note: This term is kept as pinyin here for contextual integrity in translation, but it means 'industrial chain') capital such as Huaqin, Longcheer, OmniVision, and ZTE have concentrate (kept as 'concentrated' in translation but refers to their collective entry) entered the scene, with Hong Kong Investment Corporation Limited (HKIC) also appearing on the list of shareholders.
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