HK Stock Market Move | BEISEN HOLDING (09669) rose nearly 10% during trading, with mid-term revenue increasing by 18.2% year-on-year. The commercialization of AI products continues to advance.

BEISEN HOLDING (09669) rose nearly 10% during trading, with a 6.29% increase at the time of publication, reaching 7.6 Hong Kong dollars with a trading volume of 9.8969 million Hong Kong dollars. On the news front, BEISEN HOLDING recently released its interim performance report for the period ending in September, with the company achieving a total revenue of 516 million RMB, a year-on-year increase of 18.2%, and adjusted EBITDA of 39.3 million RMB. The revenue increased to 516 million RMB year-on-year, mainly benefiting from the solid performance of the core cloud-based HCM solution, as well as the rapid commercialization of the AI product family, with new contract signings exceeding 26 million RMB. CICC pointed out that BEISEN HOLDING has launched the new AI Family 2.0 product, which includes 10 AI Agents covering more than 50 HR business scenarios. The management stated at the performance meeting that with the accelerated penetration of flagship products such as AI Interviewer and AI Leadership Coach, and the continuous popularity of new products, the new contract signing amount for AI-related products is expected to exceed 60 million RMB in the 2026 fiscal year; in the 2027 fiscal year, AI-related products are expected to contribute 5%-10% of total revenue, and this contribution is expected to continue to increase in the future.