Manycore Tech(US:KOOL) 智通财经网·2025-04-18 11:35Group 1 - The China Securities Regulatory Commission (CSRC) has issued supplementary material requirements for nine companies, including Qunhe Technology, regarding their overseas listing applications [1] - Qunhe Technology is required to clarify its compliance with foreign exchange registration, overseas investment, and foreign investment regulations during its equity structure setup and reverse mergers [1] - The company is also asked to provide details on the pricing basis, payment methods, payment terms, and compliance of its 2022 acquisition of Hangzhou Qunhe's equity, as well as tax declaration and payment status [1] Group 2 - Qunhe Technology is a rapidly growing disruptive design and visualization cloud platform driven by AI technology and dedicated GPU clusters [2] - The platform enables businesses of all sizes to create engaging designs with immersive visual effects, which can be converted into production drawings for automated and accurate manufacturing processes [2] - The company's open architecture allows seamless data interoperability, continuous platform upgrades, and scalability, presenting significant potential for various vertical industries [2] Group 3 - The company's business focus is on spatial design and visualization, targeting the spatial design software market [3] - According to Frost & Sullivan, Qunhe Technology is the largest spatial design platform globally by average monthly active users (MAU) in 2023 and the largest software provider in China's spatial design industry, holding approximately 22.2% market share by revenue [3]