- Shanghai Biren posted a net loss of RMB 16.5 billion, widening 972.3%.
- Revenue surged 207.2% to RMB 1 billion.
- Gross margin edged up 0.63 percentage points to 53.8%.
- Total cash resources were RMB 2.9 billion at year-end, while gross trade receivables climbed to RMB 532 million with RMB 302 million collected as of announcement date.
- Management highlighted volume production and at-scale shipments of BR106 and BR166, including delivery of a 2,048-card GPU SuperPod cluster, with next-generation BR20X series planned for commercial launch in 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shanghai Biren Technology Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260330-12078725), on March 30, 2026, and is solely responsible for the information contained therein.
Comments