Mininglamp

Beijing, China Artificial Intelligence Public

Mininglamp Technology (明略科技) is a Beijing-based enterprise artificial intelligence and big data analytics company founded in 2014. It provides data intelligence products and solutions spanning marketing and operational intelligence across online and offline scenarios, leveraging large models, enterprise knowledge graphs, multimodal data and Agentic AI technology. According to Frost & Sullivan, Mininglamp was the largest data intelligence application software provider in China by total revenue in 2024, and it has been described as 'China's Palantir.' The company listed on the Main Board of the Hong Kong Stock Exchange in November 2025, positioning itself as the world's first publicly traded Agentic AI company.

Public Company

Mininglamp is publicly traded

This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2014

Total Funding

$1B

Secondary Signals

1 signal
M&A Recent RMB858.9M stake purchase; RMB450M of IPO proceeds reallocated 2026-07-29

Acquired 19.07% stake in Pansoft for RMB858.9M, redirecting RMB450M of IPO proceeds from R&D toward strategic M&A.

Signals strategic pivot to M&A-led growth using freed IPO capital; watch for further deals.

Prominent Investors

rcif.com Tencent Hundreds Capital jiayuanintl.com ecitic.com UOB Venture Management UOB Venture Management unit Tencent Russia-China Investment Fund Oriental Pearl Media Industry Equity Investment Fund

Leadership

  • Wu Minghui

    Founder, Chairman & CEO

    LinkedIn
  • Shicong Feng

    Co-Founder & CTO

  • Jiang Ping

    Founding Partner & President

Mininglamp Investment FAQ

Mininglamp FAQ

Mininglamp Technology listed on the Main Board of the Hong Kong Stock Exchange on 3 November 2025 under stock code 2718, pricing 7,219,000 Class A shares at HK$141.00 for gross proceeds of about HK$1.02 billion (roughly US$131 million) and net proceeds of about HK$902 million. Demand was heavy - the Hong Kong public tranche was oversubscribed about 4,453 times and the international tranche about 14 times - and the shares closed their first day at HK$290.60, some 106% above the offer price. Cornerstone investors included Tencent's Huang River Investment, Hongzhuo Capital, XtalPi subsidiary QuantumPharm, Treasure-stone Investment Group and GFH Financial Group; since listing the company has begun redirecting offering proceeds toward M&A.

Mininglamp shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.

Mininglamp raised $1B across 0 disclosed funding rounds prior to its public listing.

Mininglamp was co-founded by Wu Minghui, and Shicong Feng in 2014.

Mininglamp is headquartered in Beijing, China.

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