June 2026
Proprietary AI analyst is now available
Largest Generative AI Public Companies in China
Benchmark revenue and EBITDA valuation multiples for public comps like
Knowledge Atlas Tech, CITIC, Moore Threads, Baidu and MetaX Integrated Circuits.
 | Knowledge Atlas Technology Joint Stock Co Ltd is a AI company in China, dedicated to developing general-purpose large models. It operates in the large language model (LLM) market, a sub-segment of the broader AI market. The company offers general-purpose large model services to institutional customers, including private enterprises and public sector entities, as well as individual users, including individual end-users and individual developers. The company has developed large models and agents across the first three stages, such as GLM-130B, China's first 100 billion-scale large model, ChatGLM, China's first open-source large chat model (at the alignment and reasoning stage) and AutoGLM Rumination, China's first AI agent with rumination capabilities (at the self-learning stage). | $182 | -- | $81B | $81B | 756.2x | (155.3x) | ||
| CITIC Ltd is a Hong Kong-based conglomerate. Along with its subsidiaries, it operates in the following reportable segments: Comprehensive Financial Services, Advanced Intelligent Manufacturing, Advanced Materials, New Consumption, and New-type urbanisation. Maximum revenue is generated from the Advanced Materials segment, which includes exploration, processing, and trading of resources and energy products, including iron ore, copper, and crude oil, as well as the manufacturing of special steels. The Comprehensive financial services segment provides banking, securities, trust, insurance, and asset management services. Geographically, the group generates maximum revenue from the Chinese mainland, followed by Hong Kong, Macau and Taiwan, and Overseas markets. | $2 | +28% | $51B | $272B | 1.9x | 9.1x | ||
| Moore Threads Technology Co Ltd is principally engaged in the R&D, design and sales of graphics processing units(GPUs) and related products. The business includes providing technical services, technology development, technical consulting, technology exchanges, technology transfers, technology promotion and information system integration. Besides chip design and sales, it also engages in import-export activities related to technology and hardware products. | $97 | -- | $46B | $45B | 201.7x | (360.3x) | ||
| Baidu is the largest internet search engine in China with over 50% share of the search engine market in 2024 per web analytics firm, Statcounter. The firm generated 70% of core revenue from online marketing services from its search engine in 2024. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving. | $17 | +56% | $45B | $42B | 2.2x | 9.2x | ||
| MetaX Integrated Circuits (Shanghai) Co Ltd is engaged in the research, design, and sale of high-performance GPU chips and computing platforms. Its business activities include technical services, technology development, consulting, and technology transfer in the areas of integrated circuit, electronic, communication, computer software and hardware, and network technologies. The company also provides integrated circuit design, software development, and sells electronic products. | $107 | -- | $43B | $42B | 171.1x | (486.1x) | ||
| MiniMax Group Inc is a AI foundation model company. It is committed to driving AI innovation towards performing the full range of human intellectual tasks, from learning and reasoning to planning and generalizing knowledge across diverse domains. Its proprietary foundation model suite, led by MiniMax-M2, Hailuo-02, and Speech-02, has long context processing capacity and can understand, generate, and integrate a wide range of modalities, including text, video, and audio. These models power its AI-native products - including MiniMax, Hailuo AI, MiniMax Audio, Talkie/Xingye, and its enterprise and developer-facing Open Platform, delivering intelligent and dynamic experiences to users globally. | $85 | -- | $27B | $26B | 327.4x | (13.9x) | ||
| Range Intelligent Computing Technology Group Co Ltd is catering to the application needs of big data, cloud computing, Internet of Things, 5G technology, and other industries, based on computing power, digital technology as a means, and intelligent applications as a demonstration, providing a new generation of digital economy industry technology, products, services and system solutions for various industries. | $12 | +68% | $20B | $22B | 25.7x | 19.7x | ||
| Iflytek Co Ltd is a China-based company, principally engaged in the software and information technology (IT) service businesses. The company’s business includes intelligent application systems, software for voice and speech recognition and conversion, computer software design services, and computer programming services. The company's main products include AI language learning products, AI learning machines, AI diagnosis and treatment assistant products, smart medical devices, the iFLYTEK Hearing Smart Conference System, the iFLYTEK Spark App, the iFLYTEK Smart Office Book, the iFLYTEK Translator, and others. | $7 | -3% | $16B | $17B | 4.3x | 36.6x | ||
| Shanghai Iluvatar CoreX Semiconductor Co Ltd offers GPGPU products and AI computing solutions across diverse industries. Its product portfolio includes GPGPU chips and accelerators, as well as customized AI computing solutions, including GPGPU servers and clusters, that combine its hardware with proprietary software stack to address specific customer needs in training and inference scenarios. The company specializes in the research, design, and deployment of advanced GPGPU products and AI computing solutions across diverse industries. | $55 | -- | $14B | $14B | 91.0x | (116.1x) | ||
| SenseTime Group Inc is a software company focused on creating an AI-empowered future through innovation. The company develops software & hardware products for different industry verticals and use cases based on the same AI infrastructure platform & model training framework. The principal activities of the Group are the sale of AI software, the sale of AI software platforms & related services, the sale of AI software-embedded hardware and related services, AIDC service as well as research and development activities with AI technology. The Company is domiciled in the Cayman Islands while the Group mainly operates its businesses in four geographical areas of the world Mainland China, Northeast Asia, Southeast Asia, and others, out of which the majority is from Mainland China. | $0 | +11% | $9B | $7B | 10.0x | (234.3x) | ||
| Ubtech Robotics Corp Ltd is engaged in design, production, commercialization, sales and marketing and research and development (R&D) of smart service robotic products and services. It offers consumer-level robots and appliances, enterprise-level smart service robotic products and services tailored for education, logistics and other sectors, are equipped to different extent with smart features that sense, interact, analyze and process human instructions and external environment such as mapping, temperature measurement and facial recognition. | $14 | +33% | $7B | $7B | 33.8x | (41.4x) | ||
| Shenzhen Huaqiang Industry Co Ltd is a China-based company operating in the electronic information industry. Focusing on the electronic information industry, the company continuously innovates service models, expands service content, upgrades service quality, and integrates innovation in many aspects such as electronic component distribution, application solution research and development, technical support guarantee, and industrial Internet, establishing a comprehensive and three-dimensional competitive advantage, and It has built the largest comprehensive electronic components trading service platform in China. | $5 | -- | $5B | $6B | 1.6x | 36.3x | ||
| Intsig Information Co Ltd is an industry-leading tech company specializing in business data, artificial intelligence, and mobile applications. It is engaged in providing digital and intelligent products and services to global C-end users and B-end customers in diverse industries. INTSIG focuses mainly on Optical Character Recognition (OCR) technologies and currently holds over 110 global invention patents. Its products support more than 50 languages and can recognize many types of documents, including business cards, IDs, bank cards, and transactional documents such as invoices, receipts, packing lists contracts, etc. It also provides integrated OCR+Data+AI solutions that deliver competitive advantages in various industries, including manufacturing, banking, retail, securities, etc. | $19 | -18% | $4B | $3B | 11.9x | 37.1x | ||
| Shenzhen Intellifusion Technologies Co Ltd is engaged in providing customers with self-developed core products such as algorithm software and chips with artificial intelligence algorithms and chip technology as the core products. The company’s products include chip products; modules and cards; and IP licensing and customization services. | $10 | +33% | $3B | $3B | 16.1x | (1332.9x) | ||
| Beijing Haizhi Technology Group Co Ltd focuses on developing intelligent agent technologies and artificial intelligence solutions based on graph computing and model integration technologies. Its products are used in finance, energy, manufacturing, transportation, healthcare, and public services. The company operates as a high-technology enterprise principally engaged in provision of: (i) Atlas graph solutions, which include a data management and computing platform, a knowledge graph platform, and a graph database based on graph computing and data analysis technologies; and (ii) Atlas AI agent solutions developed using graph and large language model integration technology. The majority of the revenue is derived from the Atlas Graph Solutions. | $7 | -- | $3B | $3B | 31.3x | (98.4x) | ||
| CETC Digital Technology Co Ltd is engaged in the development of information systems and software engineering in China. It is also involved in the design, installation, and construction of computer hardware, communication equipment, electronics, integrated system equipment systems integration, network engineering, software engineering and electronic engineering. Its product and services include Data Center Product Solution, Cloud product solutions, and Cloud service management. The company distributes its products within domestic and overseas markets. | $3 | -12% | $2B | $2B | 1.3x | 26.6x | ||
| TRS Information Technology Co Ltd is a provider of artificial intelligence and big data technology and data services in China. The core business of a company includes software product development, industry application solutions and data analysis and mining cloud services, covering big data management, information security, Internet marketing and artificial intelligence. | $2 | -12% | $2B | $2B | 24.6x | 604.2x | ||
| Unisound Ai Technology Co Ltd is an AI solution provider focusing on the sales of conversational AI products and solutions for daily life and healthcare related application scenarios in China. Its business centers on empowering customers across various industries with user-centric AI solutions that improve operational efficiency, enhance decision-making and deliver outcomes. These solutions are built on its proprietary central technology platform, UniBrain, which serves as the foundation of a wide range of applications, from intelligent customer service and healthcare diagnostics to multilingual conversational assistants. The company has offered products and solutions for a broad range of application scenarios in AI in Daily Life and AI in healthcare. | $27 | -29% | $2B | $2B | 10.8x | (89.0x) | ||
| Shenzhen Ysstech Info-tech Co Ltd is a professional financial industry system solutions provider. The industry it serves include banks, fund companies, securities companies, insurance companies, trust companies, money management firms. | $2 | -48% | $1B | $1B | 7.0x | 337.1x | ||
| Pci Technology Group Co Ltd provides artificial intelligence technology and products in China. It also offers face recognition, video structuring, knowledge mapping, big data technology and service to its clients. | $1 | -13% | $1B | $1B | 0.8x | 19.0x | ||
| Shandong Extreme Vision Technology Co Ltd is an AI computer vision solution provider in China, delivering end-to-end solution development, deployment and management services to enterprises across diverse industries. It specializes in delivering AI computer vision solutions and large model solutions to enterprises: AI Computer Vision Solutions, Large Model Solutions. Computer vision solution, as a vital branch of AI solution, is a technological solution that simulates the human visual system to enable computers to extract information from images or videos and analyze, make decisions and interact based on this information. | $12 | -- | $1B | $1B | 31.2x | (224.8x) | ||
| Beijing Haitian Ruisheng Science Technology Ltd is a service provider focusing on providing data products and solutions for AI algorithm training. The types of products and services include speech recognition data, speech synthesis data, text data, image data and others. | $19 | +25% | $1B | $1B | 20.2x | 230.3x | ||
| Beijing CTJ Information Technology Co Ltd engages in providing government departments with information management system solutions, mainly including financial integrated management solutions, financial treasury centralized payment electronic solutions, government financial comprehensive management solutions, financial non-tax electronic solutions, large Government IT service solutions such as data application solutions. | $3 | -30% | $947M | $685M | 5.6x | 42.2x | ||
| Shenzhen Sunwin Intelligent Co Ltd is a China-based company engaged in the provision of intelligent systems solutions. The company offers intelligent systems solutions in railway transportation, house construction, and energy-efficient lighting industries. The business of the company covers four sectors, smart city, big data, artificial intelligence, and cultural and education. The business scope in the field of artificial intelligence mainly includes service robots, unmanned aerial vehicle, face recognition, smart video analysis systems, and others. | $1 | +64% | $669M | $720M | 37.1x | (4.9x) | ||
| Winner Technology Co Inc Formerly Winner Information Technology Inc is a Chinese company engaged in the big data business. It provides offline consumer entity consumer data collection and analysis. The solutions offered by the company includes smart shopping, wisdom store and data service. Wisdom stores acquire consumer and product information by combining video identification, Beacon\Wi-Fi\RFID and other data collection technologies and multimedia means. | $5 | +11% | $648M | $630M | 13.9x | (102.6x) | ||
| Hanwang Technology Co Ltd is a China-based company engaged in offering character recognition technology and intelligent interactive solutions, and other products. Its products include dictionary pen, wise reader, HW pen, starter edition scanner, business card storage, drawing tablet, and there are also specifically identify products for text and graphics in education, finance, and other industries. The company also provides scanners, documents camera, air purifier and haze removal machine. It has products like handwritten cell phone, cloud technology and other kinds of technology licensing program. | $2 | -- | $580M | $554M | 2.0x | (48.3x) | ||
| Baida Group Co Ltd is a China-based company. Its business activities are divided into three divisions including a department store, hotel operation, and property service. The company operates a department store in Hangzhou. | $1 | -- | $556M | $396M | 12.9x | 21.3x | ||
| Beijing Deep Glint Technology Co Ltd is engaged in providing artificial intelligence products and solutions for urban management, smart finance, commercial retail, sports health, rail transit operation maintenance and other fields. | $2 | -3% | $551M | $378M | 16.5x | (14.4x) | ||
| Beijing Hanyi Innovation Technology Co Ltd is a company specializing in font design, font library product development, Chinese character information technology research, and Chinese character application solutions, with core independent intellectual property rights. | $5 | -33% | $463M | $413M | 14.7x | 82.8x | ||
| Ropeok Technology Group Co Ltd is the leader in video image information processing and security and protection products. | $2 | +26% | $450M | $476M | 21.1x | (17.5x) | ||
| AInnovation Technology Group Co Ltd mainly conducts research and development of artificial intelligence technologies and provides artificial intelligence-based software and hardware technology solutions services. The revenue of the Group is principally derived from artificial intelligence products and services. Geographically, the company generates all of its revenue in the PRC. The company also generates a small amount of revenue from the Services of data solutions. | $1 | -29% | $301M | $200M | 0.9x | (7.2x) | ||
| Next Technology Holding Inc pursues two corporate strategies. One business plan is to continue providing software development services, and the other is to acquire and hold Bitcoin. It provides AI-enabled software development services to its customers, which include developing, designing, and implementing various SAAS software solutions for businesses of all types, including industrial and other businesses. Its bitcoin acquisition plan generally involves acquiring bitcoin with its liquid assets that exceed working capital requirements, and from time to time, subject to market conditions, issuing debt or equity securities or engaging in other capital raising transactions to use the proceeds to purchase bitcoin. | $2 | -100% | $118M | ($41M) | (3.5x) | 0.5x | ||
| Mobvoi Inc is engaged in providing AIGC solutions, AI enterprise solutions, smart devices and accessories with generative AI and voice interaction technologies at the core of business. Its business segments consist of AI Software Solutions, which comprise AIGC solutions and AI enterprise solutions; and Smart Devices and Other Accessories. Key revenue is generated from AI Software Solutions. The company geographically operates in Mainland China and Other Countries. | $0 | +1% | $74M | $46M | 1.0x | (5.4x) | ||
| XIAO-I Corp is an AI industrialization company focusing on the AI Cognitive Intelligence platform. The platform combines six core technologies including Natural Language Processing, Speech Processing, Computer Vision, Machine Learning, Affective Computing, Data Intelligence, and Hyper- automation. Based on the platform, The company developed products and solutions in the fields of Al+ Contact Center, Al+ Finance, Al+ City Public Service, Al+ Architecture, Al+ Metaverse, Al+ Manufacturing, and Al+ Healthcare. It generates revenue from the sale of software products and services, M&S services, and the sale of cloud platform products. | $9 | +203% | $8M | $52M | 4.2x | (0.5x) | ||
| Global Mofy AI Ltd operates as a technology solutions provider engaged in virtual content production, digital marketing, and digital asset development for the metaverse industry. The Company leverages its proprietary Mofy Lab technology platform, which integrates three-dimensional (3D) reconstruction technology and artificial intelligence (AI) interactive technology, to create high-definition virtual versions of physical world objects, including humans, animals, and scenes. It provides comprehensive technology solutions to support virtual content production for use across movies, television series, animation, advertising, and gaming. The Company operates through Virtual Technology Services, which generates the majority of revenue, and Digital Asset Development and others. | $0 | -96% | $6M | $9M | 0.2x | (1.4x) | ||
| Median | $5 | -3% | $2B | $2B | 12.9x | (4.9x) |
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