ChainCatcher report: According to an official announcement from Zhipu, the "Citywide Coding Initiative" launched on September 10, offering coding package subsidies to employees in Hangzhou, current students at Hangzhou-based universities, and enterprises in the Shangcheng District. Individual quarterly and annual subscriptions receive subsidies of 44% and 51%, respectively, while corporate annual subscriptions receive a 55% subsidy (with a maximum of RMB 1 million per company). Each individual is eligible for only one subsidy and must choose either the quarterly or annual option; applicants must submit proof of social insurance enrollment or a student verification report.
Zhipu Launches Hangzhou Citywide Coding Initiative with Up to 51% Subsidy for Individuals
ChaincatcherShare
Summary
On September 10, 2026, Zhipu announced its Hangzhou City-Wide Coding Initiative, offering subsidies to individuals and businesses. On-chain reports indicate that eligible participants include local workers, university students, and enterprises in Shangcheng District. Individuals receiving quarterly and annual cards are eligible for 44% and 51% subsidies, respectively, while enterprises receive a 55% subsidy, capped at RMB 1 million. Each individual may apply only once, with proof of insurance or academic status required. Crypto news outlets highlight the initiative as a significant incentive for tech talent and local businesses.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.