Core Viewpoint - Manycore Tech Inc. (群核科技) has received approval for its overseas listing, allowing it to issue up to 314.432 million shares on the Hong Kong Stock Exchange [3][4]. Company Overview - Manycore Tech Inc., established in 2011, is a leading provider of cloud-native space design software, widely used across various business scenarios including residential, office, retail, and commercial projects [4]. - The company's software leverages artificial intelligence (AI) technology and dedicated graphics processing unit (GPU) clusters, enabling designers and businesses to create engaging designs with real-time and immersive visual effects [4]. - The software's open architecture allows for seamless data interoperability, continuous upgrades, and scalability, presenting significant potential for widespread application across various vertical industries [4]. Market Position - According to Frost & Sullivan, Manycore Tech Inc. is the largest space design software provider in China by revenue, holding a market share of approximately 23.2% as of 2024 [5].
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