On April 24th, Mobvoi successfully listed on the main board of the Hong Kong Stock Exchange with the stock code 2438, officially becoming the "First Stock of AIGC". ZhenFund led the seed round in Mobvoi in 2013 and continued to increase its stake in the Series A1 round, providing steadfast support and companionship to Mobvoi for twelve years.

Founded in 2012, Mobvoi is one of the earliest AI companies in China focusing on AIGC technology. It offers AIGC solutions, AI enterprise solutions, and smart devices and accessories, with generative AI and voice interaction technology as its core.

Anna Fang, founding partner of ZhenFund, said, "I first met Zhifei Li in Silicon Valley. When we decided to invest, Mobvoi was just a demo app, and Zhifei Li became the first entrepreneur from Google that ZhenFund invested in.

From the first day of his startup, he taught me the concept of NLP, and later I learned semantic analysis from him. After the release of the movie 'Her', during our board meetings, we were all excited about the technological direction and forward-thinking of Mobvoi. When ZhenFund held its 'ZhenResidence' events, we also introduced fellow entrepreneurs to join Mobvoi.

Over the years, we have witnessed his journey of returning to China to start a business, moving from Silicon Valley to Shanghai, then to Beijing, and eventually going global. We have also witnessed Mobvoi's achievements from a voice assistant to smart hardware, and further to generative AI and large models. The era of AIGC has arrived, and we are thrilled for Mobvoi. Congratulations to Mobvoi, the First Stock of AIGC!"