CR CONSTRUCTION Allocates $3 Million for Investment in Qunhe Technology

Stock News04-02

CR CONSTRUCTION (01582) announced that on April 2, 2026, the company, acting as an investor, entered into a cornerstone investment agreement with Qunhe Technology, the issuer, J.P. Morgan Securities (Far East) Limited, J.P. Morgan Securities (Asia Pacific) Limited, and CCB International Financial Limited. Under this agreement, the company conditionally agreed to subscribe for investor shares at the offer price. The total investment amount for the investor shares is $3 million, excluding brokerage commissions and levies to be paid by the company for these shares. Qunhe Technology is a Chinese cloud-native spatial design software provider whose products are widely used in commercial scenarios ranging from residential and office buildings to retail stores and commercial projects. Its software is powered by artificial intelligence technology and dedicated graphics processing unit clusters, enabling designers and enterprises to create compelling designs and experience them through real-time and immersive visual effects. The board of directors believes the cornerstone investment presents a valuable opportunity for the group to invest in the design and visualization software sector, which plays an increasingly important role as an innovative technology supporting construction and environmental projects. The board considers this investment in Qunhe Technology to align with the group's business strategy of achieving diversification and sustainable development while generating investment returns for shareholders.

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