IPO News | Rumor has it that AI application company Speech Technology is considering an IPO in Hong Kong, ARR has exceeded 300 million US dollars

The Zhitong Finance App learned that according to market information, the Chinese artificial intelligence company Evoken (Evoken) is considering going public in Hong Kong (IPO), and the relevant listing plans are still in the evaluation stage.

Established in 2023, Speech Technology is a technology company focusing on artificial intelligence and creative content production. It has businesses such as the AI creation community LibreBai, the AI video creation platform LibTV, and the AI design agent product Starstream, which covers various application scenarios such as AI image generation, design, and video creation.

Among them, LiBai is one of the core products of speech technology. It is positioned as an ecosystem platform for AI creators, providing users with AI models, materials and creative tool services. At present, the company has gradually expanded from a single AI image generation platform to an AI content production matrix covering multiple scenarios such as images, design, and video.

In terms of performance, according to the company's disclosure, as of May 2026, the annual recurring revenue (ARR) of Speech Technology has exceeded 300 million US dollars. Over the past year, the company has achieved commercialization breakthroughs in several AI products, and the group's overall revenue has maintained rapid growth.

Industry insiders believe that as generative AI competition gradually extends from basic models to application ecosystems, AI application companies with user size, commercialization capabilities, and product matrices are receiving attention from the capital market. If Speech Technology lands in Hong Kong stocks, it will further enrich the layout of the artificial intelligence industry chain in the Hong Kong market.