Lingyiwanwu Seeks Pre-IPO Funding Before 2027 Hong Kong Listing

According to Guru Club, Lingyiwanwu, the AI startup founded by computer scientist Kai-Fu Lee, is pursuing a pre-IPO fundraising round ahead of a planned Hong Kong IPO in 2027. Lee stated the company aims to complete the funding before disclosing its first annual financial results, though the fundraising target and potential investors remain undisclosed.

The Beijing-based company is also dismantling its offshore holding structure, a prerequisite for overseas listing, Lee said during the World Artificial Intelligence Conference in Shanghai on July 20.

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