Zhi Yuan Innovation, an embodied intelligence company, has launched new financing with an estimated valuation of approximately 50 billion yuan

According to a report by a financial magazine, the company Zhiyuan Innovation has recently launched a new round of financing, with an amount of approximately 1 billion to 1.5 billion yuan. This round of financing is nearing completion, with the latest valuation at around 50 billion yuan. Regarding the new financing, valuation, and IPO progress, a relevant person in charge at Zhiyuan stated that there is no response at this time.

In July 2026, Zhiyuan announced the initiation of preparations for its listing on the Hong Kong Stock Exchange. At that time, some investors indicated that Zhiyuan is expected to list as early as August, with a target valuation of 40 billion to 50 billion Hong Kong dollars. According to relevant requirements from the Hong Kong Stock Exchange, if a company applying for listing completes new financing after submitting its application and before listing, it must wait 120 days after the financing is completed to be listed for trading, unless a special exemption is obtained. The aforementioned investors stated that this new round of financing means that Zhiyuan will not be able to complete its IPO within this year.