New Stock News | TRANSWARP TECHNOLOGY plans to list on the Hong Kong Stock Exchange, and the Securities Regulatory Commission requires supplementary explanations regarding the actual operations of value-added telecommunications services included in the business scope of the company and its subsidiaries

On October 24, the China Securities Regulatory Commission announced the supplementary material requirements for overseas issuance and listing filing (October 20, 2025 - October 24, 2025). The announcement mentioned that Star Ring Technology is required to provide additional explanations regarding the actual operation of value-added telecommunications services included in the business scope of the company and its subsidiaries, whether it has obtained the corresponding qualifications, and whether it involves the fields of the "Special Management Measures for Foreign Investment Access (Negative List) (2024 Edition)." According to the Hong Kong Stock Exchange's disclosure on August 18, Star Ring Technology submitted a listing application to the main board of the Hong Kong Stock Exchange, with Haitong International as its sole sponsor. The prospectus shows that Star Ring Technology is an AI infrastructure software provider that helps enterprises efficiently build AI infrastructure software through deep integration of artificial intelligence, big data, and cloud technology, promoting intelligent transformation and business model innovation across various industries. By revenue, the company ranks fifth in China's AI infrastructure software market in 2024 and is also the largest pure AI infrastructure software provider

Huawei HiSilicon and Huawei Ascend concepts surged in the afternoon, with Infosec rising over 14%, TRANSWARP TECHNOLOGY up over 13%, FRD increasing over 11%, and CZT, FiberHome, VASTDATA, among others, hitting the daily limit in the afternoon

TRANSWARP TECHNOLOGY and others established a digital technology company in Nanjing

According to the Qichacha APP, recently, Nanjing Ruitong Digital Technology Co., Ltd. was established, with Huang Yong as the legal representative. The business scope includes: digital technology services; software development; planning and design management; information system integration services; big data services; research and development of Internet of Things technology, etc. Qichacha's equity penetration shows that the company is jointly held by Nanjing Transportation Investment Management Co., Ltd. and Nanjing Xinghuan Intelligent Technology Co., Ltd. under TRANSWARP TECHNOLOGY

TRANSWARP TECHNOLOGY: Linzhi Lichuang plans to reduce its holdings by no more than 3%

According to the announcement from Zhitong Finance APP, TRANSWARP TECHNOLOGY has recently received a notice from its shareholder Linzhi Lichuang regarding the reduction of shares in TRANSWARP TECHNOLOGY (Shanghai) Co., Ltd. Due to the shareholder's own arrangements, Linzhi Lichuang plans to reduce its holdings of the company's shares by no more than 3.6339 million shares (not exceeding 3% of the company's total share capital) based on market conditions

TRANSWARP TECHNOLOGY: H-share filing application materials received by the China Securities Regulatory Commission

TRANSWARP TECHNOLOGY has submitted an H-share issuance and listing application to the Hong Kong Stock Exchange and has submitted filing application materials to the China Securities Regulatory Commission, which have recently been accepted