BAIRONG-W (06608) Surges Over 9% Following RaaS Strategy and "Results Cloud" Platform Launch

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BAIRONG-W (06608) surged more than 9%, reaching HK$10.76 by the time of writing, with a trading volume of HK$26.46 million. The rally follows the company's announcement on December 18 of its enterprise-level AI Agent strategy, introducing the RaaS (Result as a Service) business model alongside its "Results Cloud" platform and a suite of Agent products tailored for various business roles. Additionally, BAIRONG-W revealed plans to collaborate with industry partners to build a "Silicon-Based Productivity Ecosystem," accelerating the deployment of "silicon-based employees" in high-value positions such as marketing, customer service, HR, and legal. Earlier this month, the company proposed a share buyback program of up to HK$450 million, citing confidence in its business outlook and commitment to enhancing shareholder value. The board affirmed that existing financial resources sufficiently support the buyback while maintaining a stable financial position.

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