New Stock News | It is reported that 51WORLD plans to be listed on the main board of the Hong Kong Stock Exchange in the near future with a price of 18C.

According to 36Kr, recently Beijing 51WORLD Digital Twin Technology Co., Ltd. (hereinafter referred to as "51WORLD") completed a 200 million yuan pre-IPO round of financing, led by Nanning Huanxin Capital. It is reported that the company has hired two top brokers as joint sponsors and plans to list on the main board of the Hong Kong Stock Exchange in the near future under Chapter 18C. Founded in 2015, 51WORLD uses 3D graphics, physics simulation, and AI technology to provide customers with a one-stop digital twin product and solution. Since 2017, 51WORLD has also proposed the "Earth Clone Plan", which aims to replicate the Earth in a virtual world to create a large-scale simulation simulator. Based on core technologies in computer graphics and simulation, 51WORLD has released three core products: the 51Aes Digital Twin Platform, the 51Sim Data Simulation Platform, and the 51Earth Digital Earth Platform. According to relevant information, 51WORLD's three major products have been widely used by over a thousand large and medium-sized enterprises globally, with business coverage in over 200 cities. Their clients include China Mobile Limited, China United Network Communications, China Telecom Corporation, State Grid Corporation, China Railway, CNBM, South-to-North Water Diversion Project, Huawei, BMW, Surbana Jurong, NTT DATA, Sampas, and more, with applications deployed in projects such as the BIM management platform in Xiongan New Area, the IOCC in Beijing Haidian City Brain, the BMW Tai Xi Digital Twin Factory, the China Railway Engineering Equipment Digital Twin Factory, the CIM platform in Jakarta, Indonesia, the Digital Ottoman Empire in Turkey, and many more digital twin applications. 51WORLD has undergone several rounds of financing, with investors including Lightspeed China Partners, Tujia, MODERN LAND, WeWood Capital, Contemporary Amperex Technology, SenseTime, Star VC, Lightspeed China Partners, Green Seed Fund, Songhe Capital, Shanghai Pudong Silicon Valley Bank, CMSC, Cloud Nine Capital, Oriental Pearl Group Media Industry Fund, Nanning Huanxin Capital, etc.