Message from 31 December, Shanghaidilute technology MiniMax THE RECRUITMENT PERIOD WILL CONTINUE UNTIL 6 JANUARY NEXT YEAR. THIS SALE WAS ON A SCALE OF 2538.92 MILLION SHARES, OF WHICH 51 TP3T WAS PUBLICLY AVAILABLE IN HONG KONG, 951 TP3T WAS INTERNATIONAL AND 151 TP3T WAS OVERRATED。
THE COMPANY'S BULLETIN SHOWS THAT THE SALE PRICE AREA IS FROM HK$151 TO HK$165 PER SHARE AND THAT THE GENERAL A SHARE IS TRADED IN 20 SHARES PER HAND. UNDER THE ESTABLISHED ARRANGEMENT, THE GENERAL A UNIT IS EXPECTED TO BE LISTED FOR SALE AT THE HONG KONG JOINT EXCHANGE ON 9 JANUARY NEXT YEAR。
WITH A MEDIAN OFFER OF 158 HONG KONG DOLLARS PER SHARE, AND WITHOUT THE EXERCISE OF THE RIGHT TO ADJUST SALES AND OVER-EQUIPMENT, THE COMPANY IS EXPECTED TO RECEIVE ABOUT HK$ 3,818 MILLION IN NET GLOBAL SALES, OF WHICH ABOUT 90% WILL BE INVESTED IN RESEARCH AND DEVELOPMENT OVER THE NEXT FIVE YEARS, MAINLY FOR THE DEVELOPMENT OF LARGE MODELS AND AI PRIMARY PRODUCTS, AND THE REST ABOUT 10% FOR OPERATING CAPITAL AND GENERAL ENTERPRISE USE。
It is worth noting that Mini Max introduced 14 leading investors, including Aspex, Eastspring, Mirae Asset, Ali Baba and Fanta, totalling approximately HK$ 2,223 million。
In addition, the company had previously introduced a number of leading investors, including ADIA, the management of the Freda Fund, IDG Breyer Fund, etc., to purchase shares totalling approximately $350 million。
Mini Max is a global AI Large Model Company, with a system of underground models (including MiniMax M2, Hailuo-02, Speech-02) with context, multimodular processing capabilities and technical support for its AI primary products and business platforms。