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Introduction We introduce GLM-5.3-Flash, the first natively multimodal model in the GLM-5 series. With 320B total parameters and just 18B active parameters, it outperforms GLM-5.2 across benchmarks and real-world workloads at one-tenth the price, while approaching Claude Opus 4.8 on coding and agentic benchmarks. GLM-5.3-Flash starts from a newly trained base model, with its architecture and training recipe redesigned around capability and efficiency. For the first time in the GLM series, we introduce a hybrid architecture combining sparse and linear attention, sharply reducing long-context serving costs while preserving precise long-context capabilities. The model also adopts Manifold-Constrained Hyper-Connections (mHC) to further improve scaling efficiency. 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