Stock Track | Biren Tech Soars 9.16% Intraday on Strong Annual Results and GPU Deployment

Stock Track04-01

Biren Tech's stock soared 9.16% during intraday trading, reflecting a significant upward movement.

The surge follows the company's release of its full-year results, which showed remarkable growth. Revenue increased by 207.2% year-on-year to RMB 1.035 billion, while gross profit jumped 210.8% to RMB 557 million. This performance was primarily driven by the large-scale deployment of its general-purpose GPU product portfolio, including the mass production and delivery of the BR106 and BR166 series.

The rapid scaling of products like the Walli™ 166L/M and 166C models has accelerated business growth, reinforcing Biren Tech's leading position in the commercialization of domestic intelligent computing solutions. Additionally, the broader semiconductor sector in Hong Kong experienced positive momentum, contributing to the stock's upward movement.

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