Goldstream Investment (01328) announced that it has signed a non-binding memorandum of understanding with MANYCORE TECH (00068) on April 30, 2026. This initiative is based on the group's established relationship with Hony Capital and the potential strategic synergies with MANYCORE TECH.

According to the memorandum, the companies will explore potential collaboration in several areas. For overseas market expansion, leveraging Hony Capital's global ecosystem resources in furniture supply chains and consumer sectors, Goldstream will assist MANYCORE TECH with industry resource connections, partner referrals, and localized support in target markets to enhance their international competitiveness and overseas client acquisition capabilities.

Regarding a venture investment fund, the parties intend to explore establishing a joint fund focused on "Spatial Intelligence × Comprehensive AI Applications." This fund would target early to growth-stage technology projects with global growth potential, including embodied intelligence and robotic simulation training, 3D content generation and AI vision applications, industrial digital twins, and spatial data infrastructure.

For capital markets cooperation, subject to further negotiation of definitive agreements, Goldstream intends to provide MANYCORE TECH with services including business development and expansion consulting, investment financial advice, cash management products, and asset allocation services. Both parties will also regularly share industry research and market insights related to spatial intelligence to support strategic decision-making.

MANYCORE TECH is a leading Chinese cloud-native spatial design software provider, widely used in various commercial scenarios such as residences, office buildings, retail stores, and commercial projects. Driven by AI technology and dedicated GPU clusters, its software helps designers and enterprises create compelling designs experienced through real-time, immersive visuals.

Goldstream Investment is primarily engaged in providing investment management services and strategic direct investments. The company believes the memorandum demonstrates its business capabilities and potential. The board considers the proposed collaboration an opportunity to diversify the group's revenue sources and views the memorandum as being in the best interests of the company and its shareholders.