Zhipu Releases IPO Prospectus, Aims to Claim Title of 'World's Pioneer Large Model Enterprise'
2025-12-19 / Read about 0 minute
Author:小编   

Beijing Zhipu Huazhang Technology Co., Ltd. has officially filed its prospectus, signaling its intention to go public in Hong Kong and compete for the prestigious title of 'World's Pioneer Large Model Enterprise'. Over the span from 2022 to 2024, the company witnessed a remarkable financial journey, with revenues soaring from 57.4 million yuan to 124.5 million yuan, and further leaping to 312.4 million yuan. This impressive performance translates into a compound annual growth rate of 130%. In the first half of 2025 alone, the company's revenue has already surged to 190 million yuan, marking a three-year streak of doubling growth. The lion's share of its revenue is derived from its cutting-edge large model business, propelling it to the forefront as China's premier independent large model provider. This upcoming listing is poised to introduce the capital market to its first-ever publicly traded company whose core operations revolve around independently developed Artificial General Intelligence (AGI) foundational models.