GOLDSTREAM INV (01328) intends to invest no more than 8 million US dollars in the cornerstone investment of Qunhe Technology's IPO.
Golden Spring Investment (01328) announced that on April 2, 2026, Redwood (a wholly-owned subsidiary of the company, acting as an investor) entered into a cornerstone investment agreement with Bluetech and the joint sponsors and overall coordinators. Accordingly, Redwood has agreed to subscribe for investor shares at the offering price. The total amount of investment to be paid by Redwood for investor shares shall not exceed HK$8 million US dollars equivalent (excluding brokerage commissions and fees payable by Redwood for investor shares).
GOLDSTREAM INV (01328) announced on April 2, 2026, that Redwood (a wholly-owned subsidiary of the company, acting as an investor) has entered into a cornerstone investment agreement with Qunke Technologies, joint underwriters, and the overall coordinator, in which Redwood has agreed to subscribe for investor shares at the offer price. The total amount of investment to be paid by Redwood for investor shares shall not exceed the equivalent of HKD 8 million US dollars (excluding brokerage commissions and fees payable by Redwood for investor shares).
Qunke Technologies is a leading Chinese provider of cloud-native spatial design software, widely used in various commercial scenarios, including residential, office buildings, retail stores, and commercial projects. With the driving force of artificial intelligence (AI) technology and dedicated graphics processing unit (GPU) clusters, their software can assist designers and businesses in creating engaging designs and experiencing them through real-time and immersive visual effects.
The board of directors believes that the cornerstone investment in Qunke Technologies is an excellent opportunity for the company to invest in cloud-native spatial design software and spatial intelligence. The board holds a positive view of Qunke Technologies, considering the company as a leading integrator of cloud-native spatial design software in the industry, focusing on technical innovation and achieving intelligent design and AI-driven collaborative manufacturing through its dedicated custom GPU infrastructure. Given the outlook and business prospects of Qunke Technologies, the group believes that this investment in Qunke Technologies meets the group's investment criteria, aligns with the group's long-term business strategy for diversification and sustainable development, and provides investment returns to shareholders.
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