On August 11, 2026, Beijing Minimax Technology Co., Ltd. completed its tutoring filing registration with the Beijing Securities Regulatory Bureau, planning to issue stocks and go public for the first time, with CITIC Securities as its tutoring firm. The company has no controlling shareholder, and its largest shareholder is Beijing Qingyu Qihang Technology Center (Limited Partnership), holding a 16.45% stake. Minimax, incubated from the NLP Laboratory of Tsinghua University in 2022, focuses on efficient end-side large models and open-source ecosystems. It is an enterprise in the AI large model field, with its iconic product being the MiniCPM end-side series of large models. It has previously completed multiple rounds of financing totaling hundreds of millions of yuan.