Intelligence Chart discloses IPO prospectus, announces its ambition to become the "World's largest model first stock".

Beijing Chipale Technology Co., Ltd. disclosed its prospectus today, announcing its sprint to become the "world's largest model first stock" in Hong Kong. The prospectus shows that the revenues for 2022, 2023, and 2024 are 57.4 million yuan, 124.5 million yuan, and 312.4 million yuan respectively. The compound annual growth rate of annual revenues from 2022 to 2024 reaches 130%, with revenues in the first half of 2025 reaching 190 million yuan, doubling for three consecutive years. During the reporting period, the company's main income comes from large models, which also supports it becoming the largest independent large model manufacturer in China. This listing in Hong Kong marks the first time that the capital market will see a listed company with autonomous research and development of AGI base model as its core business.