[Manus Acquisition Plan Halted, Multiple Chinese AI Companies Evaluate Dismantling Red-Chip Structures to Advance Hong Kong IPOs] Odaily Planet Daily News: Following the suspension of AI agent company Manus's acquisition plan, the China Securities Regulatory Commission (CSRC) has tightened its review of red-chip structured companies seeking Hong Kong IPOs. Several AI companies planning to go public have begun evaluating the dismantling of overseas structures and returning to domestic entities. Dark Side of the Moon is currently consulting with lawyers regarding structural reorganization but has not made a final decision; Step Star has already initiated the dismantling of its overseas holding structure, believing that transitioning to a domestic entity could help shorten the approval process; DeepRoute.ai is also conducting similar evaluations. Industry insiders point out that dismantling red-chip structures typically requires 6 to 12 months and involves processes such as equity buybacks, establishing joint ventures, and tax handling. While regulators have not yet issued a comprehensive ban, inquiries into the overseas holding situations of related companies are underway. (The Information)