New stock news | Jin Zhiwei submitted an application to the Hong Kong Stock Exchange Main Board and has been ranked at the top of the domestic AI digital employee solutions market for three consecutive years.

According to the disclosure by the Hong Kong Stock Exchange on December 15th, Zhuhai Jinzhivei Artificial Intelligence Co., Ltd. (referred to as "Jinzhivei") has submitted an application to the Hong Kong Stock Exchange Main Board, with Guotai Junan Finance Limited and BOCI Asia Limited as its joint sponsors. The prospectus shows that Jinzhivei is an AI enterprise focused on providing AI digital employee solutions and enterprise-level intelligent body solutions. Through its independently developed AI solutions, the company helps businesses accelerate their digital transformation. By integrating AI algorithms, large language models (LLMs), and Siasun Robot&Automation process automation (RPA) technology with industry scenarios, the company has successfully delegated various tasks to AI digital employees and intelligent bodies. According to Frost & Sullivan data, the company has served many top companies across various industries and has secured a leading position in the market. By market share, Jinzhivei has ranked first in the Chinese AI digital employee solution market for three consecutive years from 2022 to 2024. The company has also served the highest number of large and medium-sized enterprises in this market during the entire historical period. Its market leadership is particularly evident in the financial services sector, where it has consistently held the top market share from 2022 to 2024 for three years. As of June 30, 2025, Jinzhivei has deployed over 1.8 million AI digital employees based on the number of authorizations granted to its clients for AI solutions. These AI digital employees are involved in more than ten industries, including financial services, government, and manufacturing, and have served over 1,300 high-quality customers (including more than 120 Fortune Global 500 and Fortune China 500 companies). Jinzhivei remains a leader in the financial services sector. As of June 30, 2025, the company has provided services to over 240 banks (covering China's six large state-owned banks), over 130 securities companies (covering over 90% of securities companies in China), and over 170 other major financial institutions. The company's leading market position and recognition in the financial services industry demonstrate its comprehensive capabilities in security, reliability, and service assurance. Financial Information Revenue In the years 2022, 2023, 2024, and the six months ended June 30, 2025, the company recorded revenues of RMB 203 million, RMB 217 million, RMB 243 million, and RMB 45.97 million respectively. Gross Profit In the years 2022, 2023, 2024, and the six months ended June 30, 2025, the company recorded gross profits of RMB 85.49 million, RMB 90.01 million, RMB 130 million, and RMB 238.63 million respectively. Gross Profit Margin For the corresponding periods of 2022, 2023, 2024, and the six months ended June 30, 2025, the company's gross profit margins were 42.1%, 41.5%, 53.4%, and 51.9% respectively. Industry Overview The Chinese AI solution market continues to expand, with the enterprise AI solution market growing from RMB 143 billion in 2020 to RMB 472 billion in 2024, achieving a compound annual growth rate of 34.8%. Driven by the acceleration of enterprise digitization and government intelligent construction, it is expected to grow at a compound annual growth rate of 42.7% from 2025 to 2029, reaching RMB 278 billion by 2029. The Chinese enterprise intelligent body solution market is transitioning from the technology incubation stage to the initial commercialization stage. From 2023 to 2025, with technological breakthroughs in large models in multimodal understanding, knowledge reasoning, and task planning, it is expected that 2026 to 2027 will be a period of accelerated commercialization of intelligent body digital employees, where core enterprises will achieve preliminary applications based on scalable AI intelligent body frameworks. It is expected that after 2028, with the preliminary formation of ecological standards and the release of enterprise-level intelligent collaboration needs, the market will enter a stage of scale expansion and accelerate popularization in enterprise applications. It is estimated that after the commercial popularization in 2027, it will release a market size of RMB 18 billion and grow at a compound annual growth rate of 70.0% to reach RMB 88.4 billion by 2030. Additionally, the global AI digital employee solution market has shown rapid growth in recent years, increasing from RMB 118 billion in 2020 to RMB 291 billion in 2024, achieving a compound annual growth rate of 25.3%. With the integration of technologies such as enterprise process automation and generative AI applications, AI digital employees are evolving into intelligent bodies with semantic understanding and decision-making capabilities, expanding their applications in sectors such as financial services, government, manufacturing, and retail. It is estimated that the global market from 2025 to 2029 will grow at a compound annual growth rate of 40.0% to reach RMB 1,287 billion by 2029. China is one of the fastest-growing regions in the global market. The Chinese AI digital employee solution market has grown from RMB 18 billion in 2020 to RMB 65 billion in 2024, with a compound annual growth rate of 37.5% from 2020 to 2024. Driven by the acceleration of digitalization in government and enterprises and the deepening application of large language models, AI digital employees are becoming an important tool to drive enterprise intelligent transformation. It is estimated that from 2025 to 2029, the Chinese market will grow at a compound annual growth rate of 51.0% to reach RMB 510 billion by 2029, further increasing its share of the global market. Board of Directors Information The board of directors consists of 11 directors, including 5 executive directors, 2 non-executive directors, and 4 independent non-executive directors. Equity Structure As of December 9, 2025, Mr. Liao, through his controlled entities (including Jinshi Zhongcheng, Jinshi Huizhi, Jinshi Pengcheng, Jinshi Weiye, Zhiweixinghe, and Zhiweixinglian), holds the voting rights corresponding to approximately 40.65% of the total issued share capital of the company. As of December 9, 2025, Mr. Liao is the sole general partner of Jinshi Zhongcheng, Jinshi Huizhi, Jinshi Pengcheng, Jinshi Weiye, Zhiweixinghe, and Zhiweixinglian, and is responsible for the management of these partnership entities according to the partnership agreements between the general and limited partners, and exercises the voting rights related to the shares or limited partnership interests held by these entities. Intermediary Team Joint Sponsors: Guotai Junan Finance Limited, BOCI Asia Limited. Company Legal Advisor: For Hong Kong and U.S. laws: Kirkland & Ellis LLP; for Chinese law: JunHe LLP. Joint Sponsors Legal Advisor: For Hong Kong law: Jingtian & Gongcheng Attorneys at Law; for Chinese law: Jingtian & Gongcheng Attorneys at Law. Reporting Accountant and Independent Auditor: KPMG LLP. Industry Consultant: Frost & Sullivan Consulting (Beijing) Co., Ltd. Compliance Consultant: Zhongtai International Finance Limited Company.