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Pre-IPO AI Research

Company directory / Company dossier

Z.ai

  • Brand Zhipu
  • Brand Zhipu AI
  • Ticker 2513.HK
CoreAI-nativeModel
Status
Listed on HKEX (2513.HK) since state Confirmed, Exchange notice, 2026-10-16venue Confirmed, Exchange notice, 2026-10-16
Headquarters
Beijing, China · Asia-PacificConfirmed, Filing, 2026-10-16
Domicile
China · Asia-PacificConfirmed, Filing, 2026-10-16
Vertical
1. Frontier & foundation models

Restriction flags

Structural constraints on this name that the research has recorded, each with its evidence and source. A flag explains why a fact may be hard to settle; it never hides one.

US Entity ListConfirmed, Filing, 2026-10-16

Zhipu and its subsidiaries were added to the US Entity List in January 2025.

Since · Source

Why it is covered

Tier
Core
Route
Route A · AI-native: AI is the majority of revenue or of the valuation narrative
Posture
AI-native
Stack layers
Model
Vertical
1. Frontier & foundation models
Taxonomy
v2, assigned

Evidence

"China's first major LLM company" to IPO and the most valuable public Chinese AI pure play.

Evidence gradeAggregator· Classification checkConfirmed, Filing, 2026-10-16

Sources

What has been verified

7 of 7 checked facts are confirmed against a source. Unresolved means the fact was checked and no source settled it. A gap is shown as a gap, not hidden.

Verification of each fact about Z.ai
FactOutcomeMethodSourceCheckedBy
IdentityConfirmed, Filing, 2026-10-16Filingwww1.hkexnews.hkclaude-codeAutomated check
Lifecycle stateConfirmed, Exchange notice, 2026-10-16Exchange noticewww1.hkexnews.hkclaude-codeAutomated check
Listing venueConfirmed, Exchange notice, 2026-10-16Exchange noticewww1.hkexnews.hkclaude-codeAutomated check
HeadquartersConfirmed, Filing, 2026-10-16Filingwww1.hkexnews.hkclaude-codeAutomated check
DomicileConfirmed, Filing, 2026-10-16Filingwww1.hkexnews.hkclaude-codeAutomated check
ClassificationConfirmed, Filing, 2026-10-16Filingwww1.hkexnews.hkclaude-codeAutomated check
Restriction flagUS Entity ListConfirmed, Filing, 2026-10-16Filingfederalregister.govclaude-codeAutomated check