According to investors, the intelligent unicorn company Zhiyuan Innovation recently launched a new round of financing, with a financing amount of about 1 billion yuan to 1.5 billion yuan. The current round of financing is nearing completion, and the latest valuation is about 50 billion yuan. In July 2026, Zhiyuan announced the start of preparations for the Hong Kong stock listing. At the time, some investors said that Zhiyuan expected to be listed in August as soon as possible, with a target valuation of HK$40 billion to HK$50 billion. According to the relevant requirements of the Hong Kong Stock Exchange, if the listing applicant company completes the new financing after submitting the form and before listing, unless a special exemption is obtained, the listing applicant company will need to wait 120 days after the financing is completed before listing and trading. According to the aforementioned investors, the new round of financing means that Zhiyuan will not be able to complete an IPO within this year. Regarding the new financing, valuation, and IPO progress, the relevant person in charge of Zhiyuan said there is no response yet.

According to investors, the intelligent unicorn company Zhiyuan Innovation recently launched a new round of financing, with a financing amount of about 1 billion yuan to 1.5 billion yuan. The current round of financing is nearing completion, and the latest valuation is about 50 billion yuan. In July 2026, Zhiyuan announced the start of preparations for the Hong Kong stock listing. At the time, some investors said that Zhiyuan expected to be listed in August as soon as possible, with a target valuation of HK$40 billion to HK$50 billion. According to the relevant requirements of the Hong Kong Stock Exchange, if the listing applicant company completes the new financing after submitting the form and before listing, unless a special exemption is obtained, the listing applicant company will need to wait 120 days after the financing is completed before listing and trading. According to the aforementioned investors, the new round of financing means that Zhiyuan will not be able to complete an IPO within this year. Regarding the new financing, valuation, and IPO progress, the relevant person in charge of Zhiyuan said there is no response yet.