Beijing Jijia Shijie Technology, a Chinese startup specializing in world models for embodied AI and autonomous driving, has completed a shareholding reform, a move widely seen as a step toward a stock market listing. The company, now renamed Beijing Jijia Shijie Technology Co., Ltd., changed its corporate type from a limited liability company to a joint-stock company, with the business registration change recently made public, according to Gasgoo.
The reform is a mandatory legal step before a company can list on a stock exchange, as it aligns governance, equity structure, and financial standards with those required of a public company. Given that the company's financing stage is already at Pre-IPO, the name change is being interpreted by the market as a signal that its capitalization process has entered a practical phase.
Jijia Shijie has attracted significant capital this year. Between March and June, it completed a Pre-B round of nearly 1 billion yuan (about $141 million), a B1 round of nearly 1.5 billion yuan (about $211 million), and a B2 round of 1 billion yuan (about $141 million), totaling about 3.5 billion yuan (about $493 million) in just three months. Founder and CEO Huang Guan told media at the WAIC conference that a new round of financing was about to close, with a post-investment valuation of about $3 billion (approximately 20 billion yuan).
IPO timeline and market speculation
Reports suggest Jijia Shijie plans to submit a listing application to the Hong Kong Stock Exchange as early as the end of 2026, with a potential listing in the first half of 2027, aiming to become the first listed company focused on world models. However, the company has not officially confirmed these plans. In late July, media reports said the company was considering a Hong Kong IPO as early as 2026, but Jijia Shijie responded that this was a misinterpretation of the founder's earlier interview and not official information, adding that there were no undisclosed matters.
Jijia Shijie is the first Chinese tech company to focus on world models, building a closed-loop ecosystem with its GigaWorld, DriveDreamer, and YISU platforms, a general-purpose embodied brain called GigaBrain, and native robotics hardware called Maker. The company aims to achieve a 100-fold improvement in productivity and creativity, driving the large-scale adoption of AGI in embodied intelligence, autonomous driving, and content creation.
Products and industry collaborations
The company's products cover a range of scenarios, including general-purpose robots, autonomous driving, and content creation, serving hundreds of leading customers in China and abroad. In April, Jijia Shijie, together with FAW Mould and Alibaba Cloud, completed the first full-process solution for embodied intelligent robots in a real industrial manufacturing setting in China. In June, the company announced a partnership with Longsheng Technology to deploy 1,000 general-purpose robots equipped with its world model-based embodied brain and Maker series in Wuxi over three years.
