IPO News | Joint Stock Information (688615.SH) Second Submission to the Hong Kong Stock Exchange

The Zhitong Finance App learned that according to the Hong Kong Stock Exchange disclosure on December 29, Shanghai Hehe Information Technology Co., Ltd. (688615.SH) submitted a listing application to the main board of the Hong Kong Stock Exchange, and CICC is its sole sponsor. The company submitted a listing application to the Hong Kong Stock Exchange on June 26 this year.

According to the prospectus, since its establishment, Hehe Information has always been committed to providing products to hundreds of millions of users and enterprises in diverse industries around the world, empowered by AI technology innovation. With more than 18 years of artificial intelligence research and application practice, Synergistic Information has become a global leader in text intelligence technology, and its core driving force comes from multi-modal big language models. The model can simultaneously process data input in various forms such as text, images, and video, and generate various output modes, thereby realizing diverse AI functions such as information extraction, document analysis and repair, and image enhancement. The company's business has covered more than 200 countries and regions around the world.

According to Insight Consulting, among companies with a global C-end efficiency AI product MAU (number of monthly active users) of 100 million in 2024, in terms of revenue from the corresponding products, Gow Information ranked first in China and fifth in the world, and maintained a strong growth trend.