According to the WeChat official account "NetInfoChina", on August 6, the Cybersecurity Review Office issued a notice regarding the initiation of cybersecurity reviews for Paitop Company's products sold in China:
To ensure the safe and stable operation of critical information infrastructure, to prevent potential network security risks, and to safeguard national security, in accordance with the National Security Law of the People’s Republic of China and the Cybersecurity Law of the People’s Republic of China, the Cybersecurity Review Office has carried out cybersecurity reviews on the products sold by Palo Alto Networks in China, in accordance with the Measures for Cybersecurity Reviews.
Notice of

WeChat official account “NetInfoChina” screenshot
According to the official website of Pivot Security, the company is headquartered in Santa Clara, California, USA. Its main products in China are cybersecurity platforms, offering services such as "real-time artificial intelligence-driven cybersecurity," "cloud-delivered security services," "next-generation firewalls," "AI-based security operation platforms," "threat intelligence and incident response services," and "next-generation identity security."
Palo Alto Company went public on the New York Stock Exchange on July 20, 2012, raising $260 million through its initial public offering. It became the fourth largest technology IPO case in 2012. In October 2021, Palo Alto Company transferred its listing from the New York Stock Exchange to NASDAQ.