Transwarp lists on Hong Kong Stock Exchange with immediate Stock Connect access

Transwarp, a leading Chinese enterprise AI infrastructure software provider, has officially listed on the Main Board of the Hong Kong Stock Exchange. Notably, the company achieved ‘immediate inclusion’ in the Stock Connect program on its first day of trading.

Transwarp specializes in AI and big data infrastructure, offering solutions such as distributed databases, cloud platforms, and LLMOps. The company aims to expand internationally, with plans to establish a Southeast Asian headquarters in Singapore and expand operations into the Middle East to mitigate geopolitical risks.

Chairman Sun Yuanhao stated that while the company has faced losses due to heavy investment in research and development, these losses are narrowing. He expects the company to achieve profitability within the next two to three years, driven by strong demand for AI applications. The company also addressed a previous procurement-related suspension by the PLA, noting that its impact on revenue is minimal and that internal controls have been strengthened.