In today’s briefing:
- ECM Weekly (16th July 2023) – LG Energy, Socionext, Plus Alpha, Syngenta, Cinema XXI, Genda, Fadu
- Unisound AI Technology IPO: Speech Recognition AI Unicorn And Developer of LLM UniGPT
ECM Weekly (16th July 2023) – LG Energy, Socionext, Plus Alpha, Syngenta, Cinema XXI, Genda, Fadu
- Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
- In the IPO space, HK IPOs appear to be coming back to life with some deals managing to perform this week.
- For placements, Socionext (6526 JP) and Plus Alpha Consulting (4071 JP) were joined by LG Energy Solution (373220 KS) and Patanjali Foods (PATANJAL IN) in a relatively busy week.
Unisound AI Technology IPO: Speech Recognition AI Unicorn And Developer of LLM UniGPT
- Founded in 2012, Unisound AI Technology is a Beijing-based pioneer in Artificial General Intelligence (AGI). The company offers easy-to-deploy AI products and solutions in China.
- Unisound AI Technology seeks to raise capital for R&D activities, international expansion, and general working capital purposes. The company chose CICC and Haitong to tap capital markets with HK IPO.
- I like growing brand recognition, in-house 60B-parameter LLM UniGPT, high growth in the Smart Life segment, and the opportunity to sell self-developed proprietary AI chips in China.
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