China News Agency, Hong Kong, December 6 (reporter Wang Jiacheng) - Hong Kong artificial intelligence software company Shangtang Group Co., Ltd. ("Shangtang group") will be publicly offered on the 7th. Shangtang group held a press conference on the 6th. The company plans to issue 1.5 billion shares, of which 90% are international Placement Shares and 10% are Hong Kong public offering shares. The bidding price ranges from 3.85 yuan to 3.99 yuan (Hong Kong dollars, the same below). Each hand has 1000 shares, the admission fee is about 4030.21 yuan, and the maximum financing is 6 billion yuan < p > the Hong Kong public offering will begin at 9:00 a.m. on the 7th and end at 12:00 p.m. on the 10th. It is expected to be listed on the 17th with a new listing number of "0020" < p > Shangtang group said that the company has entered into cornerstone investment agreements with nine cornerstone investors, and the cornerstone investors have agreed to subscribe or cause their designated entities to subscribe for the number of offer shares that can be purchased at a total amount of about US $450 million at the offer price, assuming that the lower limit of the offer price is used, accounting for about 60% of the offer shares. The cornerstone investors are the mixed ownership reform fund initiated by China Chengtong, Guosheng overseas Hong Kong, Shanghai Artificial Intelligence Industry equity investment fund, SAIC Hong Kong, GF fund, Pleiad fund, WT, focustar and hel ved < p > China International Finance Hong Kong Securities Co., Ltd., Haitong International Capital Co., Ltd. and HSBC Corporate Finance (Hong Kong) Limited are the co sponsors < p > according to Xu Li, co-founder, executive chairman of the board of directors and chief executive officer of Shangtang group, Shangtang group was established in Hong Kong in 2014, and its founding team originated from the Multimedia Laboratory of the Chinese University of Hong Kong established in Hong Kong in 2001. Adhering to the mission of "adhering to originality and letting artificial intelligence lead human progress", Shangtang group has developed into a leading artificial intelligence software company that enables all industries and ranks first in Asia in terms of revenue. This time, Shangtang group plans to list in Hong Kong, where the company was founded, which is believed to help promote future growth