MiniMax（稀宇科技）（MiniMax） · 新加坡（Singapore）

The company operates its overseas business through two Singapore subsidiaries: Subsup Pte. Ltd. (UEN 202232608W, registered 14 September 2022, 8 Kaki Bukit Ave 4 #08-32), the developer entity for the AI companion app Talkie; and Nanonoble Pte. Ltd. (UEN 202410771D, registered 19 March 2024, 152 Beach Road #14-02 Gateway East), the operating entity for the text-to-video product Hailuo AI. In the first nine months of 2025, its AI-native products reached more than 200 countries and regions with over 212 million users; the prospectus revenue breakdown shows Singapore and the United States as its two primary overseas markets. It listed on the Hong Kong Stock Exchange on 9 January 2026, raising approximately US$619 million in actual proceeds (against a planned offering cap of US$539 million), with its share price nearly doubling on the first day of trading.

Localisation adaptation: uses Singapore entities to handle global compliance and distribution, with an 'asset-light' rented-computing-power model; Talkie/Hailuo AI operate for overseas users.

结构化字段

东道国

新加坡（Singapore）

区域

东南亚

AI 赛道

大模型与生成式 AI

进入方式

子公司 / 代表处

进入年份

2022

落地状态

已落地

资本流向

中国 → 东道国（对外部署）

企业集团

MiniMax

本地伙伴

Over 212 million users and coverage of 200+ countries and regions in the first nine months of 2025; Talkie/Xingye had approximately 20 million monthly active users, with average revenue per user of only about US$5 during the period; revenue of US$53 million and a loss of US$512 million in the first nine months of 2025 (per the prospectus/media citations); actual IPO proceeds of approximately US$619 million on the Hong Kong Stock Exchange on 9 January 2026.

金额字段混合投资额 / 营收 / 用户数等不同口径，仅可作量级参考，不可跨记录求和，请以上方原文与来源为准。

来源与备注

记录备注：来源原文（英文，未经改写）Verified: Subsup Pte. Ltd. (202232608W, 14 September 2022) and Nanonoble Pte. Ltd. (202410771D, 19 March 2024, Beach Road Gateway East) are both companies registered with 'Live' status at ACRA; based on the prospectus, ChinaTalk confirmed that these are MiniMax's two main subsidiaries in Singapore. The uncertainty over the parent company's founding year has been resolved: 2021 (2022 was the registration year of the Subsup subsidiary). To be supplemented: the claimed amount of US$75 million needs to be verified against court filings.

本页内容整理自公开报道与企业披露，不构成法律意见或投资建议；对外引用时请连同来源链接一并给出。