Zhongke Wenge passes HKEX hearing and is set to become the first AI company from the Chinese Academy of Sciences system to go public
Summary
Zhongke Wenge has passed Hong Kong Stock Exchange listing hearing and is moving toward an IPO on the main board. The company builds a decision-intelligence operating system powered by self-developed AI to support public governance, media and communications, and enterprise use cases. It has completed 10 financing rounds since 2018 and raised nearly RMB 1.6 billion in total. Its revenue and gross margin have both grown steadily, and the company says it ranks first in China's enterprise decision-intelligence service market by 2025 revenue.
Funding
Amount
$224.0M
Total raised
Date
June 1, 2025
Announcement date
Investors
Shenzhen Capital Group, China Internet Investment Fund, CASIA Investment Management
Lead investors
Company
-
Funded company
Classifications
industries
No industries detected
applications
Web and Content Management
AskAI Classifications
Labels
AI Model Provider
SaaS
Developer Tools
Linked Companies
Zhipuai
$10M to $25M