MiniMax推进A股上市：中信证券发布第二期辅导报告 辅导进入验收准备阶段
10月15日，中信证券发布《关于MiniMax Group Inc.首次公开发行股票并上市辅导工作进展情况报告（第二期）》。报告显示，本期辅导期为2026年7月10日至10月13日，期内已完成全面尽职调查与集中辅导授课；MiniMax已建立内部治理架构及相关制度，执行层面仍有优化空间。下一阶段辅导将围绕「辅导验收准备」推进，意味着这家SI大模型公司的A股上市辅导已进入后半程。
MiniMax今年5月29日与中信证券签署辅导协议，探索发行人民币股份并在上海证券交易所科创板上市。公司由闫俊杰于2022年初在上海创立，他此前任商汤科技副总裁。MiniMax已于2026年1月9日在港交所主板挂牌（00100.HK），发行价每股165港元，上市首日收涨约109%，被市场称为全球从创立到IPO最快的SI公司之一。
业绩方面，MiniMax 2026年上半年实现收入1.17亿美元，同比增长283%，已超过2025年全年总收入，其中海外收入约占六成。（GSM 据中信证券辅导报告及公开报道）
MiniMax Advances A-Share Listing as CITIC Files Second Tutoring Report
CITIC Securities published the second-phase tutoring progress report for MiniMax Group Inc.'s planned A-share IPO on October 15. Covering the tutoring period from July 10 to October 13, 2026, the report says full due diligence and tutoring sessions have been completed; MiniMax has established its internal governance structure and related systems, with room to improve execution. The next phase will focus on "tutoring acceptance preparation," putting the SI model company's A-share listing process into its later stage.
MiniMax signed its tutoring agreement with CITIC on May 29, 2026, to explore issuing RMB shares on the Shanghai Stock Exchange's STAR Market. The company was founded in Shanghai in early 2022 by Yan Junjie, a former SenseTime vice president. MiniMax already listed on the HKEX main board on January 9, 2026 (00100.HK) at HK$165 a share, closing up about 109% on debut — among the fastest founding-to-IPO runs of any SI company globally.
MiniMax reported first-half 2026 revenue of $117 million, up 283% year on year and already above its full-year 2025 total, with about 60% of revenue from overseas. (GSM, based on CITIC's tutoring report and public reports)
发布：GSM·美国（发布链接）
图片来源：图：上海陆家嘴金融区。图片来源：Wikimedia Commons（CC BY-SA 4.0）。Photo: Shanghai's Lujiazui financial district. Source: Wikimedia Commons (CC BY-SA 4.0).
GSM Global · 本篇英文版 English edition of this story
