According to Cailian Press, on December 30, 2025, Beijing Zhipu Huazhang Technology Co., Ltd. (Stock Code: 2513) officially commenced its Hong Kong IPO subscription, which will conclude on January 5, 2026. The company plans to be listed on the main board of the Hong Kong Stock Exchange on January 8, 2026, under the stock code "2513". The company intends to globally offer 37.4195 million H shares, including 1.871 million shares for public offering in Hong Kong and 35.5485 million shares for international offering. The issue price per share is HK$116.20. After deducting relevant expenses, the estimated net proceeds from the offering are approximately HK$4.3 billion, with an IPO valuation exceeding HK$51.1 billion.
