新股消息 | 云天励飞(688343.SH)拟港股上市 中国证监会要求补充说明业务经营范围等情况

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued supplementary material requirements for 11 companies, including Yuntian Lifei, regarding their overseas listing applications, focusing on compliance with foreign investment policies and operational norms [1][2]. Group 1: Company Operations - Yuntian Lifei is required to clarify its business scope, specifically regarding its operations in value-added telecommunications, electronic publishing, economic information consulting, and advertising, ensuring compliance with foreign investment restrictions and necessary licenses [1][2]. - The company must provide a detailed explanation of its business model and the involvement of large models, including whether it has completed the necessary filings for these models [1][2]. Group 2: Regulatory Compliance - Yuntian Lifei is instructed to supplement its legal opinion with information about its business operations and compliance with regulations, particularly concerning its subsidiaries [2]. - The company must disclose whether it develops or operates websites, apps, or other digital products, and detail the types of information content provided to third parties, including user data collection and protection measures [2]. Group 3: Financial Performance - Yuntian Lifei is recognized as a leading AI company in China, focusing on the research, design, and commercialization of AI inference chips, with a complete closed-loop from infrastructure to product development [3]. - The company's financial performance shows revenues of approximately 546 million RMB, 506 million RMB, and 917 million RMB for the years 2022, 2023, and 2024 respectively, with corresponding losses of about 448 million RMB, 384 million RMB, and 572 million RMB [3].