By the close of the market on February 23, Zhipu (02513.HK) experienced a 13% decrease, following a significant 21% plunge during the morning session. Meanwhile, MINIMAX-WP (00100.HK) saw an 8% decline. On the news front, Zhipu issued an apology letter on February 21, addressing the revision of the GLM Coding Plan and outlining the handling and compensation measures. Zhipu acknowledged that the revision had several flaws, including a lack of transparency in the rules, a delayed rollout of GLM-5 in a grayscale manner, and subpar upgrade mechanisms for existing users. Following the release of GLM-5, user traffic surpassed expectations, and the company's capacity expansion efforts fell behind, leading to restricted phased access for users. Presently, Max users enjoy unrestricted access, while Pro users may encounter traffic limitations during peak times. Lite users, on the other hand, will be progressively granted access during off-peak hours after the holiday period. The company has expressed its support for voluntary refund requests from affected Lite and Pro users.