Zhipu (02513.HK) said in a Hong Kong Stock Exchange filing that its previously disclosed placement of up to 19.78 million new H shares was completed on July 13, 2026. The company allotted and issued a total of 19.78 million new H shares at HK$1,588 per share to no fewer than six placees. The new shares account for about 4.25% of the company’s enlarged issued H share capital. According to the filing, the placement generated gross proceeds of about HK$31.411 billion and net proceeds of about HK$31.375 billion. Zhipu said the funds are intended for general artificial intelligence research and development, business expansion, and capital structure optimization. The disclosure was carried in a Hong Kong exchange announcement cited by ChainCatcher.
Zhipu (02513.HK) said in a filing with the Hong Kong Stock Exchange that its previously announced placement of up to 19.78 million new H shares was completed on July 13, 2026.
The company allotted and issued a total of 19.78 million new H shares at a placing price of HK$1,588 per share to no fewer than six placees. The shares represent about 4.25% of the company’s enlarged issued H share capital.
Gross proceeds from the placement were about HK$31.411 billion, with net proceeds of about HK$31.375 billion. Zhipu said the funds are intended for general artificial intelligence research and development, business expansion, and capital structure optimization.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
