Beijing 51WORLD Digital Twin Technology has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CICC and Huatai International as joint sponsors.

The company stated that it is a leading technology company in the digital twin industry in China dedicated to cloning 510 million square kilometers of the Earth. It has invested heavily in and developed core competencies in technology around three major areas: 3D graphics, simulation, and AI. Its aim is to build a 1:1 digital twin scene with the real world to enhance the efficiency, safety, and quality of the real world.

According to the company's preliminary listing document, a loss of RMB63.499 million was recorded in 1H24, compared to a loss of RMB99.946 million in the same period last year.