--- title: "New Stock News | WISCOM plans to list on the Hong Kong Stock Exchange, and the China Securities Regulatory Commission requires supplementary explanations regarding equity changes and other matters" type: "News" locale: "en" url: "https://longbridge.com/en/news/275125538.md" description: "WISCOM plans to go public on the Hong Kong stock market, but the China Securities Regulatory Commission requires it to provide additional explanations regarding changes in equity and shareholder situations. The regulatory body has made several requests to WISCOM, including equity capital increase, information on actual controllers of shareholders, and progress on the filing application for synthetic algorithms. WISCOM focuses on providing AI digital employee solutions to assist enterprises in digital transformation" datetime: "2026-02-06T12:34:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275125538.md) - [en](https://longbridge.com/en/news/275125538.md) - [zh-HK](https://longbridge.com/zh-HK/news/275125538.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/275125538.md) | [繁體中文](https://longbridge.com/zh-HK/news/275125538.md) # New Stock News | WISCOM plans to list on the Hong Kong Stock Exchange, and the China Securities Regulatory Commission requires supplementary explanations regarding equity changes and other matters According to the Zhitong Finance APP, the China Securities Regulatory Commission (CSRC) has released the "Supplementary Material Requirements for Overseas Issuance and Listing Filing (February 2, 2026 - February 6, 2026)." The International Department of the CSRC has issued supplementary material requirements for four companies, among which JinZhiWei is required to provide additional explanations regarding equity changes, shareholder situations, and other matters. According to the Hong Kong Stock Exchange's disclosure on December 15, JinZhiWei has submitted an application for the main board of the Hong Kong Stock Exchange, with Guotai Junan Securities Co., Ltd. and Bank of China International (Asia) Limited as its joint sponsors. The CSRC has requested JinZhiWei to provide explanations on the following matters and to have lawyers verify and issue clear legal opinions: 1. Regarding equity changes: (1) Please explain the pricing basis for your company's past capital increases and equity transfers, whether the capital contributions have been fully paid, and whether there are any circumstances of unfulfilled capital obligations or defects in the method of contribution; (2) Please clarify whether there have been any situations of shareholding on behalf of others in your company's historical development; (3) Please explain the progress of the incentive grant filing change in December 2025. 2. Regarding shareholder situations: (1) Please indicate whether the actual controller has permanent residency rights abroad in accordance with the "Guidelines for the Application of Regulatory Rules - Overseas Issuance and Listing No. 2"; (2) Please explain the progress of the changes in the partners of JinShiZhongCheng and the procedures for the relocation of business registration; (3) Please explain the progress of the identification of state-owned shareholders for YinHeYuanHui and ZhuHaiZhengLing. 3. Please explain the progress of your company's synthetic algorithm filing application. 4. Regarding this issuance and listing: (1) Please explain the specific plan for the splitting of your company's shares and whether it affects the number of shares to be issued; (2) Please clarify whether the shares held by shareholders participating in this "full circulation" are subject to pledge, freeze, or other rights defects. 5. Please further explain your company's business operation model and core competitiveness in conjunction with the main customers and suppliers during the reporting period, product functions, pricing basis, specific application scenarios, revenue scale, and industry position. The prospectus shows that JinZhiWei is an AI company focused on providing artificial intelligence ("AI") digital employee solutions and enterprise-level intelligent agent solutions. Through its self-developed AI solutions, it helps enterprises accelerate their digital transformation. By deeply integrating AI algorithms, large language models ("large language models"), and robotic process automation ("RPA") technology with industry scenarios, the company has enabled various tasks to be handled by AI digital employees and intelligent agents. According to Frost & Sullivan, the company has served numerous leading enterprises across various industries and has achieved a market-leading position. In terms of market share, JinZhiWei has ranked first in the Chinese AI digital employee solution market for three consecutive years from 2022 to 2024. Throughout the entire performance record period, the number of medium and large enterprises served by the company in this market has also ranked first. The company's market-leading position is particularly evident in the financial services sector, where it has maintained the top market share for three consecutive years from 2022 to 2024. As of June 30, 2025, based on the number of authorizations granted to clients for the company's AI solutions, JinZhiWei has deployed over 1.8 million AI digital employees. These AI digital employees are involved in more than ten industries, including financial services, government affairs, and manufacturing, serving over 1,300 high-quality clients in total ### Related Stocks - [WISCOM (002090.CN)](https://longbridge.com/en/quote/002090.CN.md) - [珠海金智维人工智能股份有限公司 (25355.HK)](https://longbridge.com/en/quote/25355.HK.md) ## Related News & Research - [Soccer-Turkey target World Cup  knockout stages after ending 24-year wait](https://longbridge.com/en/news/281336003.md) - [China Energy Engineering Raises RMB6.5 Billion via Targeted A-Share Issuance](https://longbridge.com/en/news/281549293.md) - [CATL's controlling shareholder to donate some A-shares](https://longbridge.com/en/news/281197776.md) - [CMA CGM container ship has crossed through Strait of Hormuz, BFM TV reports](https://longbridge.com/en/news/281623367.md) - [CATL signs deal with Chinese express giant to electrify delivery trucks](https://longbridge.com/en/news/281598145.md)