Haining Zhiyuan Races to Hong Kong IPO, Vies to Be First Physical AI Company
The AI industry has gained a significant new entrant. On June 11, Shenzhen Hqzhiyuan Technology Co., Ltd., a company focused on multispectral AI, launched its share offering process and plans to debut on the Hong Kong Stock Exchange on June 22. The IPO involves issuing 85.1625 million H-shares at HKD 7.20 each, with Minyin Capital and Puyin International acting as joint sponsors.
Founded in 2013 and based in Shenzhen, Hqzhiyuan is a national "Little Giant" enterprise with deep technical expertise. Initially centered on hardware sales, it has successfully evolved into a provider of advanced AI large model services, reflecting a clear industrial upgrade trajectory. Today, its multispectral AI products are deployed at scale across multiple industries, with several core technical metrics leading the market. The company has also reached profitability, indicating stable growth momentum.

Research and innovation drive Hqzhiyuan's growth. To build a comprehensive proprietary technology system, the company has deeply embedded itself in the industry-academia-innovation ecosystem. It has established close research partnerships with top Chinese universities, including Changchun University of Science and Technology, Xi'an University of Science and Technology, and Huazhong University of Science and Technology. Through this positive academic-industry interaction, the company continuously advances the performance iteration of its AI large models in physical space perception.
As global demand for multispectral sensing technology rises, Hqzhiyuan has expanded from the domestic market to overseas, unlocking broad market potential. This capital market entry not only validates the company's past technological transformation but also marks a key strategic step to strengthen its global market share and industry position. Industry experts widely believe that with Hqzhiyuan's official listing, this emerging niche sector is poised to attract more capital and drive further technological innovation.
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The AI industry has gained a significant new entrant. On June 11, Shenzhen Hqzhiyuan Technology Co., Ltd., a company focused on multispectral AI, launched its share offering process and plans to debut on the Hong Kong Stock Exchange on June 22. The IPO involves issuing 85.1625 million H-shares at HKD 7.20 each, with Minyin Capital and Puyin International acting as joint sponsors.
Founded in 2013 and based in Shenzhen, Hqzhiyuan is a national "Little Giant" enterprise with deep technical expertise. Initially centered on hardware sales, it has successfully evolved into a provider of advanced AI large model services, reflecting a clear industrial upgrade trajectory. Today, its multispectral AI products are deployed at scale across multiple industries, with several core technical metrics leading the market. The company has also reached profitability, indicating stable growth momentum.

Research and innovation drive Hqzhiyuan's growth. To build a comprehensive proprietary technology system, the company has deeply embedded itself in the industry-academia-innovation ecosystem. It has established close research partnerships with top Chinese universities, including Changchun University of Science and Technology, Xi'an University of Science and Technology, and Huazhong University of Science and Technology. Through this positive academic-industry interaction, the company continuously advances the performance iteration of its AI large models in physical space perception.
As global demand for multispectral sensing technology rises, Hqzhiyuan has expanded from the domestic market to overseas, unlocking broad market potential. This capital market entry not only validates the company's past technological transformation but also marks a key strategic step to strengthen its global market share and industry position. Industry experts widely believe that with Hqzhiyuan's official listing, this emerging niche sector is poised to attract more capital and drive further technological innovation.
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