New stock news | Hailing wisdom element Hong Kong IPO and domestic unlisted shares "full circulation" approved by the China Securities Regulatory Commission for record.

On February 14, the International Cooperation Department of the China Securities Regulatory Commission issued a notice on the overseas issuance and listing of Shenzhen Haiqing Zhiyuan Technology Co., Ltd. and the "full circulation" filing of unlisted shares domestically. The company plans to issue no more than 139,835,000 shares of ordinary stock for overseas listing and listing on the Hong Kong Stock Exchange. 23 shareholders of the company plan to convert a total of 670.981.440 shares of unlisted domestic shares into overseas listed shares and list them for trading on the Hong Kong Stock Exchange. The prospectus shows that Haiqing Zhiyuan submitted a prospectus to the main board of the Hong Kong Stock Exchange on August 6, 2025, with joint sponsors: CMBC CAPITAL and Pu Yin International. Haiqing Zhiyuan has established a full-chain product and service portfolio covering multi-spectrum AI modules, multi-spectrum AI perception terminals, and multi-spectrum AI large model services, with technical expertise covering a wide range of areas including AI, optical electronics, integrated circuits, embedded systems, security engineering, and cloud computing. According to a Frost & Sullivan report, as of 2024 based on revenue: Haiqing Zhiyuan ranked first in the multi-spectrum AI industry in China, with a market share of approximately 3.5%; ranked third in the embedded multi-spectrum AI module industry in China, with a market share of approximately 6.6%; and ranked first in the multi-spectrum AI large model service industry in China, with a market share of approximately 11.8%. Attachment: "Full circulation" shareholders' names and conversion quantities.