Zhipu's first public interim report reads like a tech blog, with a 3D Pareto frontier chart

JosephJacks_ · x · 2026-09-05

SemiAnalysis notes Zhipu ($2513.HK) filed its first interim report as a public company on Aug 31, with 19 of 60 pages reading like a technical blog plus a 9-page technical glossary. Unusual for a financial filing, it covers GRPO, mHC and a 3D Pareto frontier chart, with Zhipu defining SOTA as iteration speed × intelligence index × per-task cost.

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