Transwarp Technology passes HKEX hearing; China's fifth-largest AI infrastructure software provider by revenue

NewTimeSpace News: On 27 August 2026, Transwarp Technology (Shanghai) Co., Ltd. passed the HKEX listing hearing, with Haitong International acting as the sole sponsor. The Company is a leading AI infrastructure software provider in China, generating revenue primarily by selling AI and big data infrastructure software products and related services to enterprise and government customers. By deeply integrating artificial intelligence, big data and cloud technologies, the Company helps enterprises efficiently build AI infrastructure software, driving intelligent transformation and business model innovation across industries.

According to Frost & Sullivan, by revenue, the Company is the fifth-largest AI infrastructure software provider in China, with a 2025 market share of 2.7%, and is also the largest independent service provider in the market; the Company is the first database enterprise globally to pass the TPC-DS test and official audit, and the first Chinese company to be included in Gartner's Magic Quadrant for Data Warehouse and Data Management Solutions.

The Company provides enterprise-grade AI infrastructure software and services covering the full data lifecycle, spanning data integration, storage, governance, modeling, analysis, mining and circulation. Its product matrix includes big data and cloud infrastructure platforms (TDH and TDC), distributed databases (ArgoDB and KunDB), data development and governance tools (TDS), AI platforms for large language models and machine learning operations (LLMOps and MLOps), and a knowledge platform (TKH), together forming end-to-end solutions from data to knowledge and from models to applications.

As of 31 March 2026, the Company's products and solutions have been deployed across more than ten industries including finance, government, energy, healthcare, transportation and manufacturing, serving over 1,800 customers, including 105 Fortune China 500 enterprises; from 2023 to the first quarter of 2026, repeat purchase revenue from existing customers averaged over 70% of the Company's total revenue, reflecting customer loyalty and stickiness.

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