IPO News | Zhongan Information Technology Updates Prospectus: Cumulative Service Customers Increased to 409 Enterprise-Level AI Enters Scale Verification Period

The Zhitong Finance App learned that recently, Zhongan Information Technology (Shenzhen) Co., Ltd. (hereinafter referred to as “Zhongan Information Technology”) updated the Hong Kong Stock Prospectus. According to the latest disclosure, as of May 31, 2026, the cumulative number of customers served by the company had increased to 409. Compared to previously disclosed data, this change provides a new window for the outside world to observe the market expansion progress of Zhongan ICT solutions.

The number of customers increased from 88 to 409

According to the new prospectus, the total number of customers served by Zhongan Information Technology increased from 88 at the end of 2023 to 241 at the end of 2024, and further increased to 361 at the end of 2025, reaching 409 by the end of May 2026. Its customers mainly include financial services institutions, technology companies, and retail institutions. The prospectus also revealed that the company's customer retention rate in 2025 was 53.0%, up from 42.4% in 2024.

For enterprise-level AI companies, the cumulative number of customers reflects the reach of the solution, while the retention rate is more indicative of whether the customer relationship can continue. Especially in the B-side market, project implementation usually requires adapting to existing systems, business processes and management requirements, and customers will not only make procurement decisions based on a single technical parameter. A growing customer base comes at the same time as an increase in retention, which usually means that suppliers are not only acquiring new projects, but also gradually building up the ability to continue serving existing customers.

Behind the growth are two types of solutions

Looking at the business structure, Zhongan Information Technology mainly provides intelligent marketing and intelligent transportation management solutions. The former focuses on customer lifecycle management, covering customer segmentation, strategy formulation, product matching, and multi-channel interaction; the latter addresses the needs of enterprise decision-making, business management, R&D and risk management, and provides capabilities such as automated workflow execution, intelligent decision support, real-time monitoring and predictive analysis. The two types of solutions correspond to the enterprise's external customer management and internal operation management, respectively, and provide a broad entry point for the company to enter different industries and business scenarios.

The operating data disclosed in the new version of the prospectus also provides simple supporting evidence. Zhongan Xinke's revenue in 2025 was about 477 million yuan, an increase of 54.6% over 2024; revenue for the first five months of 2026 was about 199 million yuan, an increase of 62.7% over the previous year. These data should not be interpreted in isolation, but when viewed along with changes in the number of customers, it can be seen that the scale of the company's business is still expanding.

Enterprise-level AI begins to be tested on a large scale

In the past, the market discussed enterprise-grade AI, and the focus was often on model capabilities and individual cases. As the industry enters the application phase, whether customers are willing to adopt it, whether it can be used continuously, and whether the solution can be replicated among different customers are becoming more realistic assessment dimensions. For Zhongan Information Technology, the 409 cumulative customers do not mean that the large-scale proposition has been completed, but at least it shows that its solutions are gaining more real business scenarios.

Seen from this perspective, the signal released by the new version of the prospectus is not a specific numerical increase, but rather that the customer base, retention performance, and revenue scale are collectively forming a clue that can be continuously observed by the outside world. Whether Zhongan Information Technology can expand customer coverage while deepening existing customer cooperation in the future may become an important indicator for judging the progress of its enterprise-level AI commercialization.