Transwarp(SH:688031) 智通财经网·2025-10-24 13:41Core Viewpoint - The China Securities Regulatory Commission (CSRC) has published supplementary material requirements for overseas listing applications, specifically requesting StarRing Technology (688031.SH) to clarify its operational scope and compliance with relevant regulations [1] Group 1: Company Overview - StarRing Technology is an AI infrastructure software provider that integrates artificial intelligence, big data, and cloud technology to help enterprises efficiently build AI infrastructure software [1] - The company is ranked fifth in the Chinese AI infrastructure software market by revenue in 2024 and is the largest pure AI infrastructure software provider [1] Group 2: Regulatory Context - The CSRC's requirements include an assessment of whether StarRing Technology and its subsidiaries have the necessary qualifications for value-added telecommunications services and if they are involved in sectors listed in the "Negative List for Foreign Investment Access (2024 Edition)" [1] - StarRing Technology submitted its listing application to the Hong Kong Stock Exchange on August 18, with Haitong International acting as its sole sponsor [1]