WENGE AI
| Register Close | 2026/06/23 IPO Closing in 5 Days |
| Listing Date | 2026/06/26 |
| Register Close | 2026/06/23 IPO Closing in 5 Days |
| Listing Date | 2026/06/26 |
Beijing Zhongke WengeAI Science and Technology Co. is an emerging enterprise AI technology and service provider in China, specializing in complex data analytics and AI-assisted decision-making. Founded in 2017 by AI scientists from the Institute of Automation of Chinese Academy of Sciences, the Group focuses on enterprise data analytics and decision intelligence.
--
According to the report, as measured by revenue, the Group ranked first in 2025 among China’s enterprise large model-driven decision intelligence service providers, with a market share of 10.2%. Furthermore, the Group was the eighth largest player in China’s enterprise large model market in 2025 with a market share of 2.2%.
--
The Group has provided AI services to over 650 enterprises and government entities. The Group’s major customers are media and multimedia companies, government agencies, and commercial enterprises; it mainly generated revenue from its provision of AI services in the areas of public sector services, media and communications, and commercial enterprises.
| Market | Hong Kong (Main Board) |
| Business Nature | Software & Services |
| Major Business Area | China |
| Board Lot | 200 |
| No. of Offer Shares | 14.83M H shares |
| No. of International Offer Shares | 14.09M H shares |
| No. of HK Offer Shares | 0.74M H shares |
| Offer Price | $60.7 |
| Stock Code | 1956 |
| Sponsor(s) | China International Capital Corporation Hong Kong Securities Limited |
| Underwriter(s) | China International Capital Corporation Hong Kong Securities Limited, ABCI Securities Company Limited, China Galaxy International Securities (Hong Kong) Co., Limited, TFI Securities and Futures Limited, SPDB International Capital Limited, CCB International Capital Limited, Futu Securities International (Hong Kong) Limited, CMB International Capital Limited, Tiger Brokers (HK) Global Limited, Livermore Holdings Limited |
| Application Period | Jun 17 (Wed) - noon, Jun 23 (Tue) |
| Price Determination Date | -- |
| Result Announcement Date | On or before Jun 25 (Thu) |
| Result Announcement Date | On or before Jun 25 (Thu) |
| Result Announcement Date | On or before Jun 26 (Fri) |
| Dealings in Shares commence on | Jun 26, 2026. (Fri) |
| Offer Price | $60.7 |
| Capitalization (H Shares) | 10.51B |
| NAV / share ($) | $7.81 (Unaudited pro forma adj NAV / share) |
| Assuming the offer price being at HKD 60.7, the net proceeds raised would be HKD 826.80M, of which |
| 60% : Continued investment in and enhancement of foundational models and core research and development capabilities |
| 20% : Expansion of offerings, brand building, and broaden customer reach across industries |
| 10% : Potential strategic investment and acquisition and overseas expansion |
| 10% : Working capital |
| Prospectus |
| Remark: | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
| Currency | : |
| Listing Price | : |
| Board Lot | : |
| Admission Fee* |
: |
| Subscribing Lot | : |
| Subscribing Fee | : |
| Subscribing Amount | : |