Du Du Holdings Limited announced that its indirectly wholly owned subsidiary, Golden Brand Enterprises Limited, sold 125,000 shares of Main Board–listed Manycore Tech Inc. on 20–21 April 2026 via on-market transactions. The disposal represents approximately 0.007% of Manycore Tech’s issued share capital.

The shares were sold at an average price of HK$33.59, generating aggregate proceeds of about HK$4.20 million, exclusive of transaction costs. Du Du Holdings expects to record a disposal gain of roughly HK$1.87 million, subject to final audit. Net proceeds are earmarked for general working-capital purposes.

Manycore Tech, incorporated in the Cayman Islands, provides computer-aided design and modelling software and related professional services in the PRC and other markets. For the year ended 31 December 2025, it reported revenue of RMB819.99 million and a loss attributable to equity holders of RMB427.91 million, compared with revenue of RMB754.83 million and a loss of RMB513.47 million in 2024. Audited net liabilities stood at RMB4.18 billion as of 31 December 2025.

Under GEM Listing Rules, the percentage ratios for the disposal exceed 5% but remain below 25%, classifying the transaction as discloseable and requiring public reporting.

Du Du Holdings, an investment holding company incorporated in the Cayman Islands, operates through subsidiaries engaged in fresh produce and agricultural trading, meat processing, and money lending. Golden Brand functions as the group’s Hong Kong–incorporated investment-holding arm.