[Zhipu Completes Placement of 19.78 Million New H Shares, Raising Approximately HKD 31.411 Billion] Zhipu (02513.HK) announced on the Hong Kong Stock Exchange that the company completed the placement of 19.78 million new H shares on July 13, 2026, at a placement price of HKD 1,588 per share. The total proceeds amounted to approximately HKD 31.411 billion, with net proceeds of approximately HKD 31.375 billion, intended for general artificial intelligence research and development, business expansion, and capital structure optimization.