Data from the Aiqicha App reveals that on January 5, 2026, Xiamen Zhipu Huazhang Technology Co., Ltd. came into existence. Liu Debing serves as its legal representative, and the company boasts a registered capital of 5 million yuan. This newly-formed entity is a wholly-owned subsidiary of Beijing Zhipu Huazhang Technology Co., Ltd. Its business scope is quite diverse, spanning areas like second-tier value-added telecommunications services (In China, telecommunications businesses are classified into different tiers, and second-tier value-added telecommunications services are a specific category of telecom-related services that go beyond basic telecom services, including things like online data processing and transaction processing business, call center business, etc.), the development of artificial intelligence application software, and professional design services. Notably, its parent company, Zhipu Huazhang, has set its sights on listing on the main board of the Hong Kong Stock Exchange on January 8, 2026.