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A Hangzhou trio of returnees struck gold with a $30 billion IPO. Manycore debuts on the Hong Kong Stock Exchange as the world’s leading spatial intelligence company, closing at 18.6 HKD, surging 144% with a market cap surpassing 30 billion HKD. This windfall reflects the riches of long-term tech investments. In 2011, three returnees embarked on entrepreneurship in a shabby Hangzhou office. Leveraging GPU tech, they launched the spatial design software Coolgis, swiftly expanding from serving designers to large B2B clients and international markets, finally focusing on spatial intelligence. The growth journey of Manycore is built on continuous adjustment, ongoing…
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