Capital · in

VC + Big-Tech strategic (Alibaba/Tencent/Meituan/Ant/Xiaomi/HongShan 2023; Prosperity7 2024) -> Chinese state/government guidance funds (Shanghai, 2025) -> public capital markets (HK IPO Jan-2026, HK secondary Jul-2026, planned Shanghai STAR listing ~$2.2B)

med confidence · as of 2026-07-28 · about Zhipu AI

Sourced figures 2

Google News RSS — Zhipu AI IPO coverage dual-listing strategy: HK IPO completed, Shanghai STAR-board listing (~$2.2B target) in tutoring/prep as of mid-2026
2026-06 med
Wikipedia — Zhipu AI / Z.ai Hangzhou municipal government project agreement, 61.28 million yuan (~$8.5M)
2025-05 med

the working

Threads 1

China's Stack open

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Zhipu AI.