HK Recently Listed Stocks Watch | WENGE AI (01956.HK): 1H Revenue Up 46.0% YoY, 4.0006 Million Cornerstone Lock-up Shares to Be Unlocked on December 26

The 4.0006 million H shares held by 6 cornerstone investors of WENGE AI (01956.HK) will see their lock-up period end on December 25, 2026, and be officially unlocked from December 26, with a corresponding market value of approximately HKD 243 million based on the offer price.
Key Highlights:
  • WENGE AI (01956.HK) listed on the Main Board of The Stock Exchange of Hong Kong Limited on June 26, 2026 at an offer price of HKD 60.70, with a global offering of 14.8346 million H shares.
  • the company disclosed its first interim results after listing in August 2026, posting revenue of RMB 173 million for the first half of 2026, up 46.0% year on year.
  • Founded in 2017 by a team of scientists from the Institute of Automation of the Chinese Academy of Sciences, WENGE AI (01956.HK) focuses on the research and development of enterprise-level large model-driven decision intelligence operating systems and services.

NewTimeSpace News: On October 14, 2026, WENGE AI (01956.HK) traded firmly, with the company quoting HKD 62.55 as of 14:36, up 0.16%.

On the news front, according to previous disclosures, 6 cornerstone investors collectively hold 4.0006 million H shares, with lock-up periods all ending on December 25, 2026 and official unlocking from December 26, 2026, corresponding to a market value of approximately HKD 243 million based on the offer price. The cornerstone lineup involves China Orient Enhanced Income Fund, Harvest International Asset Management, Qianhai International Fund, Guohui (Hong Kong) Holdings, Huatai Capital Investment and Minsheng International Investment (Hong Kong).

According to public information, WENGE AI (01956.HK) listed on the Main Board of The Stock Exchange of Hong Kong Limited on June 26, 2026 at an offer price of HKD 60.70, with a global offering of 14.8346 million H shares; gross proceeds were approximately HKD 901 million and net proceeds approximately HKD 827 million; the Hong Kong public offering was 5,966.78 times subscribed and the international offering 20.70 times subscribed.

In terms of performance, the company disclosed its first interim results after listing in August 2026, posting revenue of RMB 173 million for the first half of 2026, up 46.0% year on year; the adjusted net loss for the period was RMB 52.90 million, narrowed by 29.5% year on year.

GTHT noted that as a leader in the domestic enterprise-level large model-driven decision intelligence sector, WENGE AI has built a full-stack decision AI product system covering data, models, AI agents and decisions based on the DOMA architecture, with rich experience in implementing complex scenarios, and faster platformization is expected to enhance product reusability.

Founded in 2017 by a team of scientists from the Institute of Automation of the Chinese Academy of Sciences, WENGE AI (01956.HK) focuses on the research and development of enterprise-level large model-driven decision intelligence operating systems and services. Using its self-developed decision intelligence operating system DIOS as the technology base, the company has formed a DOMA architecture product system covering data, models, AI agents and decisions, self-developed the Yayi large model, and launched the general decision large model Decitron decision machine, with products applied in public governance, finance, media convergence and industrial sectors.

×
Share to WeChat

Open WeChat, use the "Scan", and share to my Moments.