Biren Technology (06082) saw its stock rise more than 6% in afternoon trading. As of the latest update, the shares were up 4.15% at HK$48.74, with a turnover of HK$184 million. The increase follows remarks from Li Chao, Deputy Director of the Policy Research Office and spokesperson for the National Development and Reform Commission (NDRC), who stated that core technologies and application demands in the artificial intelligence sector are growing rapidly. The NDRC has consistently emphasized systematic planning, industry-specific strategies, open sharing, and security control to promote deep integration of AI across various economic and social sectors. It is guiding domestic large-scale AI models to intensify efforts in adapting to domestic computing power chips, ensuring rapid development while maintaining independent control, ethical advancement, and steady progress, so that all citizens can benefit from AI development outcomes. Public information indicates that Biren Technology is a leading provider of general-purpose intelligent computing solutions in China, with its self-developed Bili series GPU products at the core, offering powerful, secure, and efficient computing infrastructure across industries. A recent report by CLSA noted that China's computing power shortage is expected to persist at least until 2027, and Biren Technology is poised to benefit from the supply-demand imbalance and domestic substitution trends, standing out with its strong delivery capabilities.
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