New Stocks News | Rumors that Qunhe Nuclear Technology will go public in Hong Kong this year. Company's response: No comment.

Recently, there have been market rumors that 3D design software manufacturer Qunhe Technology is preparing to be listed in Hong Kong as early as this year, raising up to $200 million in funds. The company has entrusted China International Capital Corporation and JPMorgan Chase to advance the listing plan. The plan is still in the preliminary stage and details such as the timetable and scale may be adjusted. In response to this, Qunhe Technology stated that they do not comment on market rumors. According to the official website, Qunhe Technology is a global leading cloud design software platform and SaaS service provider, founded in November 2011. They focus on the research and application of cloud design systems and 3D content creation, aiming to achieve the mission of "making future life visible". Qunhe Technology's technology core includes high-performance rendering engines, spatial cognition, and artificial intelligence technology, distributed 3D big data and multimedia digital information processing clusters. The company currently owns brands such as Kujiale, COOHOM, Modaiyun, and HomeUS, with services covering over 200 countries and regions. Since its establishment, Qunhe Technology has completed eight rounds of financing with investors including GGV Capital, Sequoia Capital, Hillhouse Capital, CloudStart Capital, Linear Capital, and JiYuan Capital. Prior to its listing in the US in 2021, the company's valuation reached $2 billion, approximately 14.5 billion RMB.