Exclusive | Informant: Zhifu is also preparing for Hong Kong and A-share IPO work at the same time, with a high probability of listing on the A-share market.

According to sources familiar with the situation of Zhipu's upcoming IPO, Zhipu is currently preparing for listings on both the Hong Kong Stock Exchange and the A-share market, with a higher probability of listing on the A-share market. The source stated, "This year, Zhipu has received investments from state-owned enterprises in multiple regions, including a recent 1 billion yuan strategic financing round with investment from Pudong Venture Group and Zhangjiang Group, making the likelihood of an A-share listing very high." Zhipu has not responded to this information yet.