Tian Ge Interactive Holdings Limited (TIANGE) announced a material fair-value gain stemming from its indirect investment in newly listed Manycore Tech Inc.

TIANGE’s Exposure • Planetree Partners I, L.P. (“the Fund”) – TIANGE holds a 6.10% interest. • EXC Investment LLC (“the SPV”) – TIANGE owns 42.40% of the vehicle. Through these two entities, TIANGE indirectly owns 3.95 million shares in Manycore, equivalent to approximately 0.23% of the company’s outstanding shares. In total, the Fund and the SPV together hold 23.11 million Manycore shares.

Valuation Metrics • TIANGE’s book value for the investment was based on a fair value of RMB4.20 per share as at 31 December 2025. • Since Manycore’s Main Board debut on 17 April 2026, its share price has “experienced significant growth,” leading to the recorded fair-value gain. The precise current market price and the quantum of the gain were not disclosed in the filing.

Investment Structure • The Fund subscribed for Series B-1, Series C and Series D-2 preferred shares of Manycore. • The SPV acquired Series B-1 preferred shares via secondary transactions. Both vehicles are subject to a six-month post-listing lock-up, in accordance with Hong Kong Listing Rules.

Future Considerations Upon any future disposal of the Invested Shares by the Fund or the SPV, performance fees payable to the respective fund managers will be deducted from sale proceeds. TIANGE cautions shareholders that Manycore’s share price may fluctuate during and after the lock-up period.

Corporate Governance The announcement was authorised by TIANGE’s board, chaired by Mr Fu Zhengjun, on 21 April 2026.

Shareholders and potential investors are advised to exercise caution when dealing in TIANGE securities.