The company has developed an end-to-end platform covering design, validation, algorithms, testing and mass production, allowing it to deliver system-level solutions across braking, steering and motion control.
The surge follows a strong debut last week, when the stock jumped more than 140% on its first day of trading.
The timing comes as offshore listings, primarily on Hong Kong Stock Exchange (HKEX), continue to play an important role in the expansion strategies of Chinese startups.
Tongshifu’s heavy reliance on copper-based products also leaves earnings sensitive to fluctuations in metal prices.
Diagens is emerging as an outlier in an industry often weighed down by heavy computing costs and long monetization cycles.
This latest development also positions Manycore Tech as potentially the first public company focused on spatial intelligence globally.
