Mianbi Intelligence Launches A-Share IPO Counseling, Raising Over 5 Billion Yuan in Six Months
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Mianbi Intelligence has officially launched its A-share IPO counseling, with CITIC Securities serving as the counseling institution. According to the filing materials, the company currently has no controlling shareholder, with its largest shareholder, Beijing Qingyu Qihang, holding 16.45%. It is still in the listing counseling stage and has not yet entered the declaration phase. Mianbi Intelligence focuses on edge-side large models, with its core product being the MiniCPM series, which has accumulated over 38 million downloads for its open-source models and is already equipped in mass-produced vehicles from automakers such as Changan, SAIC, and Geely. In the first quarter of this year, Mianbi Intelligence completed two rounds of financing, raising over 1 billion yuan in total. After completing a new round of financing in July, the company has raised over 5 billion yuan in the first half of the year, with a valuation exceeding 20 billion yuan, making it the highest-valued unicorn in the edge-side intelligence sector. In June, the Shanghai Stock Exchange adjusted the fifth set of listing standards for the STAR Market, allowing eligible AI large model companies to apply. Mianbi Intelligence has not yet disclosed the intended listing segment in this filing, so it is currently unclear whether it will follow this set of standards.
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