BIREN TECH (06082) shares rose more than 4% during intraday trading, and as of the time of writing, the stock was up 2.96% to HK$37.52, with a turnover of HK$60.577 million.

BIREN TECH released an announcement projecting first-half revenue of approximately 1.15 billion to 1.3 billion yuan, representing a year-on-year increase of 1852% to 2107%. The company's loss and loss attributable to equity holders for the period are expected to be about 320 million to 400 million yuan, narrowing sharply by approximately 75% to 80% year-on-year. The adjusted loss for the period is expected to be around 290 million to 360 million yuan, tightening by about 35% to 47% year-on-year.

In its announcement, BIREN TECH stated that the rapid revenue growth is primarily driven by the high-speed development of the artificial intelligence industry. The rapid expansion of application scenarios such as AI programming, AI Agent long-range tasks, and generative AI is continuously fueling strong market demand for GPGPU intelligent computing solutions. Simultaneously, BIREN TECH has significantly accelerated its commercialization. With the ongoing improvement of its self-developed software ecosystem, product performance and delivery capabilities have been widely recognized by customers. Sales of the Bili™ series products have continued to expand, achieving large-scale deployment in key application scenarios. The customer structure has further diversified, collectively driving substantial revenue growth.