The company is about to complete its Series C financing and plans to complete the shareholding reform within this year.
The target pre investment valuation is at least 480 billion yuan (approximately 71 billion US dollars).
In 2025, the company achieved a revenue of 640 million yuan and a net profit attributable to the parent company after deducting non recurring expenses of 142 million yuan.
Expected to be listed on the main board of the Hong Kong Stock Exchange on July 8th, with a total fundraising amount of approximately HKD 2.121 billion to HKD 2.298 billion.
Mesh technology aligns with SpaceX's space computing strategy
GIC、 Leading investment by Fidelity International.
Huada Beidou once planned to go public on the A-share market, but ultimately turned to the Hong Kong Stock Exchange.
The company has submitted three Hong Kong stock listing prospectuses to the Hong Kong Stock Exchange.
Musk said, "Today belongs not only to SpaceX, but also to all those who believe that humanity can become a multi planetary species in the future
The largest record IPO in global history is about to be born.
This rocket and satellite company has attracted over $100 billion in retail subscription orders.
The pricing may be announced as early as June 11th and officially listed for trading under the code "SPCX" on NASDAQ on June 12th.
The company's valuation has reached 965 billion US dollars.
The IPO plans to raise 4.202 billion yuan, and based on an issuance ratio of no less than 10%, the overall valuation of the company is estimated to be at least 42 billion yuan. The industry generally expects the actual market value to be much higher than this.
Compared to Hong Kong stocks, A-shares offer a higher premium, which may generally be 30% to 40% higher, making MiniMax safer.
After this issuance, the voting rights controlled by Wang Xingxing will be reduced to no more than 65.3090%.
The actual controllers are the founders Wu Shuang and Dai Zishu, who together control approximately 33.09% of the company's voting rights.
This is the third time in nearly a decade that Century Space has launched its listing process.
Mainly invested in the research and development of embodied algorithms and models, robot bodies and solutions, as well as the industrialization of embodied intelligent robots.
