HK Stock Market Move | BIREN TECH (06082) surged over 4% in early trading, expecting revenue growth of at least 18 times in the first half of the year, with losses narrowing by nearly 80%.

BIREN TECH (06082) rose over 4% in early trading, and as of the time of reporting, it increased by 3.4%, reaching HKD 37.68, with a trading volume of HKD 42.2805 million. In the news, BIREN TECH announced an expected revenue of approximately RMB 1.15 billion to RMB 1.3 billion for the first half of the year, representing a year-on-year increase of 1852% to 2107%. The loss attributable to the company's owners for the period is expected to be around RMB 320 million to RMB 400 million, a significant narrowing of approximately 75% to 80% compared to the previous year; the adjusted loss for the period is expected to be around RMB 290 million to RMB 360 million, a year-on-year reduction of approximately 35% to 47%. BIREN TECH indicated in the announcement that the anticipated rapid revenue growth is mainly attributed to the fast development of the artificial intelligence industry, with applications such as AI programming, AI agent long-distance tasks, and generative AI experiencing rapid growth, driving strong market demand for GPGPU intelligent computing solutions. Meanwhile, BIREN TECH's commercialization has significantly accelerated, with the continuous improvement of its self-developed software ecosystem, product performance and delivery capabilities being widely recognized by customers. The sales of the Wallop series products continue to expand, key application scenarios are achieving large-scale deployment, and the customer base is further diversifying, jointly driving a substantial revenue increase.