Goldstream Investment Limited Announces Strategic Cooperation with Manycore

Key Highlights for Investors

• Goldstream Investment Limited (“Goldstream”, Stock Code: 1328) has entered into a non-binding strategic cooperation memorandum with Manycore Tech Inc. (“Manycore”, Stock Code: 0068) on 30 April 2026.
• The strategic cooperation aims to leverage synergies between Goldstream, Manycore, and Hony Capital Group to drive overseas market expansion, establish a new venture capital fund, and collaborate on capital market activities.
• The memorandum is non-binding and at a preliminary stage; no formal or legally binding agreements have been signed yet.

Strategic Cooperation Details

1. Overseas Market Expansion and Cooperation

Goldstream will assist Manycore in expanding into overseas markets by utilizing Hony Capital Group’s global ecosystem resources in the furniture supply chain and consumer industries. This collaboration will provide industrial resource connectivity, facilitate partner referrals, and offer localization support in target regions. The aim is to enhance both companies’ international competitiveness and overseas customer acquisition capabilities.

2. Joint Pan-AI Venture Capital Fund

Both companies propose to explore the creation of a joint venture capital fund focusing on “Spatial Intelligence × Pan-AI Applications.” The fund will target early-stage to growth-stage technology projects with strong global growth prospects. Key sectors of interest include:

• Embodied intelligence and robotic simulation training
• 3D content generation and AI visual applications
• Industrial digital twins and spatial data infrastructure

This initiative may provide access to high-potential technology investments and diversify Goldstream’s revenue streams.

3. Capital Markets Cooperation

Subject to further negotiations and final agreements, Goldstream (and/or its affiliates) may provide a range of services to Manycore, including:

• Advisory services on business development and expansion
• Financial advisory on investments
• Cash management products and asset allocation services
• Regular sharing of industry research and market insights, particularly in spatial intelligence and related technology sectors

These services are intended to support the strategic decision-making of both companies.

Rationale and Potential Impact for Shareholders

The Board of Goldstream believes that this strategic cooperation is a significant endorsement of the company’s business capabilities and growth potential. If materialized, the cooperation will provide Goldstream with an opportunity to diversify and strengthen its revenue streams. It could also enhance the company’s market position and operational capabilities, especially in fast-growing technology and AI-related sectors.

This development is potentially price-sensitive as it signals possible entry into high-growth markets and innovative technology sectors through partnerships and investments. However, investors are cautioned that the cooperation is currently non-binding, and there is no guarantee that any formal agreements will be concluded or that the proposed initiatives will proceed.

About Manycore Tech Inc.

Manycore is a leading provider of cloud-native spatial design software in China. Its solutions, powered by artificial intelligence and purpose-built GPU clusters, are widely adopted across residences, offices, retail stores, and commercial projects. The company’s software enables designers and businesses to create and visualize captivating designs instantly and immersively.

Board Composition

As of the announcement date, Goldstream’s Board comprises:

• Mr. Zhao John Huan (Chairman, Executive Director)
• Mr. Gao Ziqi (Chief Executive Officer, Executive Director)
• Mr. Tam Terry Sze Ying (Non-executive Director)
• Mr. Jin Qingjun (Independent Non-executive Director)
• Mr. Shu Wa Tung Laurence (Independent Non-executive Director)
• Ms. Ge Xin (Independent Non-executive Director)

Important Notes for Shareholders and Investors

• No binding agreements have been signed as of 30 April 2026. The cooperation may or may not materialize.
• Goldstream will make further announcements if any formal agreements are entered into, in compliance with Hong Kong Listing Rules.
• Investors are advised to exercise caution in dealing with Goldstream securities given the preliminary and non-binding nature of the memorandum.

Disclaimer: This article is intended for informational purposes only and does not constitute investment advice. The strategic cooperation between Goldstream Investment Limited and Manycore Tech Inc. is currently non-binding and may not proceed. Investors should conduct their own due diligence and consult their financial advisors before making investment decisions. The company accepts no liability for actions taken based on this information.

View GOLDSTREAM INV Historical chart here