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On August 22, the Hong Kong Stock Exchange released information indicating that Manycore Tech Inc., recognized as one of the "Hangzhou Six Dragons," has revised its prospectus with aspirations to become the "pioneer global spatial intelligence stock." The company is jointly sponsored by JPMorgan Chase and CCB International. Notably, in the first half of 2025, Manycore Tech Inc. achieved a remarkable turnaround, transforming its losses into profits, registering an adjusted net profit of RMB 17.83 million. Its e-commerce AI solutions business witnessed a significant year-on-year growth of 188%. Furthermore, the company has recently refined its spatial intelligence strategy, delineating the three cornerstone elements of "spatial editing tools, spatial data, and spatial large models," with the objective of constructing a robust "spatial intelligence" flywheel system.
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