Transwarp(SH:688031) Jin Rong Jie·2025-08-25 13:25Group 1 - The core viewpoint of the article highlights that Xinghuan Technology-U is focused on AI infrastructure software and has submitted an application for H-share listing on the Hong Kong Stock Exchange to enhance international financing channels and global strategic layout [1][1][1] Group 2 - As of August 25, 2025, the stock price of Xinghuan Technology-U is reported at 56.18 yuan, reflecting a decrease of 0.85% from the previous trading day, with a trading volume of 72,900 lots and a transaction amount of 413 million yuan [1][1][1] - The company operates in the software development sector, providing big data foundational software and AI solutions to enterprise-level clients, with business involvement in data elements and trusted computing [1][1][1] - On August 25, the net outflow of main funds was 25.08 million yuan, accounting for 0.48% of the circulating market value, with a cumulative net outflow of 11.48 million yuan over the past five trading days, representing 0.22% of the circulating market value [1][1][1]