On March 28, Beijing Zhipu Huazhang Technology Co., Ltd., a subsidiary of the AI unicorn Zhipu, underwent a significant corporate transformation. The company officially changed its name to Beijing Zhipu Huazhang Technology Co., Ltd. and transformed its market entity type from a limited liability company (foreign investment, non-sole proprietorship) to a joint-stock company (foreign investment, unlisted). According to insiders, this shift marks the completion of the company's shareholding reform. Founded in 2019, Zhipu emerged from the technological innovations of the Department of Computer Science at Tsinghua University. The company is headed by its legal representative, Liu Debing, and boasts a registered capital of 36.2244 million yuan.
