Chinese AI visual algorithm company Extreme Vision Technology plans to raise HKD 499 million through IPO in Hong Kong.

Chinese artificial intelligence visual algorithm and large model application platform Jivision Technology announced on the Hong Kong Stock Exchange that it will issue approximately 12.5 million shares in its IPO at a price of 40 Hong Kong dollars per share. According to calculations, the company is expected to raise approximately 4.99 billion Hong Kong dollars. The company's stock is expected to start trading on the Hong Kong Stock Exchange on March 30th. CITIC Securities is the exclusive sponsor.