On January 2, 2026, Biren Technology commenced trading on the main board of the Hong Kong Stock Exchange, trading under the stock code '6082'. It has thus become the "pioneering GPU stock listed on Hong Kong Stocks," having raised a total of HK$5.583 billion. By 9:35 (the time presumably refers to the morning of the listing day), its stock price had surged by 118.78% compared to the issue price, propelling its market capitalization beyond the HK$100 billion mark. Established in 2019, Biren Technology stands as a premier domestic provider of versatile intelligent computing solutions. Leveraging its proprietary BIREN™ series GPU products, the company has successfully developed multiple chips and honed in on several key sectors. From 2022 to 2024, the company witnessed consistent revenue growth, albeit with fluctuations in its gross profit margin. As of December 15, 2025, it boasted outstanding orders exceeding RMB 1.2 billion. Looking ahead, Biren Technology is poised to achieve sustainable growth and profitability through a multifaceted approach. The company places significant emphasis on R&D innovation, allocating substantial resources and assembling a top-tier R&D team, which has yielded a bounty of patent achievements. Amidst the accelerated drive for domestic substitution, its growth prospects appear promising. Furthermore, several investment institutions, including Qiming Venture Partners, Sky9 Capital, and Songhe Capital, have thrown their weight behind Biren Technology's development. They are optimistic about its technological prowess, team capabilities, and growth prospects, and anticipate it will spearhead the advancement of China's AI industry.