PPLabs Technology Limited Refiles for HKEX Listing, China’s Largest Independent Edge Cloud Provider

NewTimeSpace News: PPLabs Technology Limited refiled for Hong Kong IPO on June 9, with ICBC International and Shenwan Hongyuan (Hong Kong) as joint sponsors. According to CIC, by 2025 revenue, it is China’s largest independent edge cloud provider; by compute nodes, it operates China’s largest computing power network; by daily token consumption, it ranks No.1 among China’s independent AI cloud providers.

NewTimeSpace News: As disclosed by HKEX, PPLabs Technology Limited resubmitted its listing application for the HKEX Main Board on June 9, 2026, with ICBC International and Shenwan Hongyuan (Hong Kong) serving as joint sponsors.
PPLabs is a leading independent distributed cloud computing service provider in China. According to CIC, based on revenue in 2025, the company is China’s largest independent edge cloud computing service provider. It runs China’s largest computing power network measured by the number of compute nodes, and takes the first place among independent AI cloud computing service providers in China by average daily token consumption. As of December 31, 2025, its computing power network has covered more than 1,340 cities and counties across the globe, with over 4,600 compute nodes. As of April 30, 2026, its AI cloud computing service has attracted over 574,000 registered developers worldwide, with the average daily token consumption reaching 102.8 billion.

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