Hangzhou Mayor: "Six Little Dragons" Four Companies Racing for IPO, Most with Three-Digit Revenue Growth Last Year

According to 1M AI News monitoring, Yao Gaoyuan, a national People's Congress representative and Mayor of Hangzhou, revealed today at the Zhejiang Provincial Delegation's open group meeting that four out of the Hangzhou "Six Little Dragons" enterprises are in the sprint for IPO, with most enterprises achieving triple-digit revenue growth or output value last year.

The "Six Little Dragons" refer to the AI large-scale model company DeepSeek, the robotics companies UC Technology and CloudDeep, the game developer Game Science, the brain-machine interface company Brainforce Technology, and the spatial intelligence platform group CoSpace Technology (Coolhobo's parent company).

Previously disclosed information shows that the four sprinting for IPO are: CoSpace Technology submitted its IPO application to the Hong Kong Stock Exchange for the third time in February this year, UC Technology has completed its IPO counseling, CloudDeep started its IPO counseling in December last year, Brainforce Technology submitted its Hong Kong IPO application in a confidential manner. DeepSeek and Game Science have no public capital operation plans yet.

Yao Gaoyuan also stated that Hangzhou has established the "Runmiao Fund" with a maximum investment period of 20 years, providing long-term support for the growth of technology-based startups, with the goal of developing Hangzhou into an incubation center for technological "little dragons."