On August 17, BIREN TECH rose 3.4% in regular trading, trading at HKD 37.44/share, with turnover of HKD 21.83 million.

On the news front, the company released its interim profit alert, projecting H1 revenue of approximately RMB 11.50 billion to RMB 13.00 billion, representing a year-over-year increase of approximately 1,852% to 2,107% compared to RMB 58.9 million in the prior-year period. The H1 figure has already exceeded its full-year revenue level. Net loss is expected to narrow significantly to RMB 3.2-4.0 billion, a reduction of 75%-80% year-over-year, while adjusted loss is projected at RMB 2.9-3.6 billion, narrowing 35%-47%.

The company noted that the low revenue base in H1 of the prior year and the concentration of high-end product deliveries in the second half amplified the reported year-over-year growth rate. Separately, institutional interest has been notable, with Morgan Stanley increasing its stake to 5.40% and Aspex Master Fund building a new 5.16% position in late July.

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