On December 2, 2025, Beijing 51World Digital Twin Know-how Co., Ltd. (51WORLD) up to date its IPO prospectus, persevering with to advance its deliberate itemizing on the Hong Kong Inventory Trade (HKEX) below the Chapter 18C regime. China Worldwide Capital Company (CICC) and Huatai Worldwide are performing as joint sponsors. Earlier, on November 28, the corporate obtained the China Securities Regulatory Fee’s submitting discover for abroad issuance and for the “full circulation” of its home unlisted shares—assembly the important thing stipulations for getting into the HKEX itemizing listening to stage.
Based in 2015, 51WORLD focuses on 3D graphics, simulation applied sciences, and synthetic intelligence, with three core enterprise segments. In response to trade information, the corporate is a number one participant in China’s digital-twin trade. It ranked first nationwide in each income and cumulative financing in 2024, turning into the primary within the sector to surpass USD 35 million in annual income and the one supplier providing a full-stack digital-twin resolution.
On the know-how facet, 51WORLD has constructed a powerful basis in spatial intelligence and embodied intelligence. By its interactive platform and simulation applied sciences, it helps state of affairs digitization and real-world deployment of robotics.
Financially, the corporate recorded revenues of roughly USD 23.8 million, USD 36 million, and USD 40.2 million from 2022 to 2024. Within the first half of 2025, income grew 63.6% year-on-year to about USD 7.51 million. Shareholding disclosures present that the highest three institutional traders have clear positions previous to the IPO, and 51WORLD reached a valuation of USD 612 million following its Sequence F financing in June 2024. Proceeds from the IPO will primarily go towards R&D, world advertising and marketing growth, and normal working capital.
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