Manycore Tech Inc (Ticker: 68 HK) is a China-based software company that provides cloud-native spatial design tools used for everything from home renovations to large commercial projects. Its primary software, Kujiale, uses artificial intelligence and advanced graphics processing to help designers create 3D visuals and automated manufacturing drawings. Manycore is the largest provider in China’s spatial design software market, and it also operates internationally under the brand Coohom.

The company is scheduled to list on the Hong Kong Stock Exchange on April 17, 2026. Manycore plans to offer 160.62 million shares within a price range of HKD 6.72 to HKD 7.62. This IPO aims to raise approximately HKD 1.22 billion (roughly $156.21 million USD), valuing the company between $1.46 billion and $1.66 billion USD.

According to its prospectus, Manycore intends to use the proceeds to fund research and development, expand its manufacturing capacity, and drive brand promotion and business growth. The company reported a significant financial turnaround recently, recording an adjusted net profit of RMB 57.1 million in 2025. The offering is being managed by J.P. Morgan, CCB International, and BOCI Asia.