Transwarp Technology (688031.SH): H-share Issuance Approved by CSRC, Proposes Up to 24,583,500 Shares

NewTimeSpaceNews: Transwarp Information Technology (Shanghai) Co., Ltd. (688031.SH) issued an announcement on June 12, 2026, stating that it has recently received the Notice on the Filing of Overseas Issuance and Listing of Transwarp Information Technology (Shanghai) Co., Ltd. (Guo He Han [2026] No. 1343) from the China Securities Regulatory Commission.

Pursuant to the filing notice, the company plans to issue no more than 24,583,500 ordinary shares for overseas listing and list them on the Hong Kong Stock Exchange. If the company fails to complete the overseas issuance and listing within 12 months from the date of issuance of the filing notice and intends to proceed further, it shall update the filing materials.

The proposed overseas issuance and listing is still subject to approval and verification by relevant regulatory authorities and stock exchanges including the Securities and Futures Commission of Hong Kong and the Hong Kong Stock Exchange, and uncertainties remain.

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