Groupcore Technology will debut on the Hong Kong Stock Exchange tomorrow, with insurance funds leading cornerstone investments.

As the first enterprise in the "Hangzhou Six Small Dragons" to make a capital market debut, Qunhe Technology, which focuses on spatial intelligence, will officially list on the Hong Kong Stock Exchange on April 17th. The company's prospectus clearly indicates that Taikang Life and Sunshine Life, two major insurance capital institutions, are cornerstone investors, with a total investment of approximately 1.81 billion Hong Kong dollars. This move is a specific practice of insurance capital increasing their investments in the technology sector, reflecting the enthusiasm of insurance capital participating in cornerstone investments in Hong Kong IPOs since 2026. According to Wind Information data, as of April 15th, insurance capital has already participated in cornerstone investments for 12 Hong Kong IPO companies this year, a pace far exceeding previous levels at the same time of year.