On August 31, BIREN TECH rose 3.87% in regular trading, trading at HK$42.1/share, with turnover of HK$139 million. The stock continued to rally following the release of its interim results on August 28.

BIREN TECH reported first-half revenue of RMB 1.236 billion, a staggering 1,997.6% year-over-year increase that surpassed full-year revenue for the prior fiscal year. Gross profit reached RMB 527 million, up 2,708.5%, with gross margin improving 10.8 percentage points to 42.7%. Net loss narrowed 76.4% to RMB 377 million, while adjusted net loss contracted 38.9% to RMB 337 million. R&D spending rose 40.7% to RMB 804 million, reflecting continued investment in its GPU product pipeline.

The rapid revenue growth was attributed to expanding sales of its Bilin series training and inference products, completion of supplier certification with major internet customers, and scaled deployment of thousands of GPU cards in benchmark computing clusters. Morgan Stanley recently increased its long position to 5.02%, while Aspex Master Fund acquired a 5.16% stake, signaling institutional confidence in the company's commercialization trajectory.

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