On the evening of March 30, Biren Technology made an announcement on the Hong Kong Stock Exchange, revealing that in 2025, the company achieved a revenue of RMB 1.0346 billion, marking a significant year-on-year surge of 207.2%. Its gross profit soared to RMB 557.0 million, a 210.8% increase compared to the previous year, accompanied by a gross profit margin of 53.8%, which improved by 63 basis points year-on-year. Meanwhile, research and development expenditures climbed to RMB 1.4761 billion, showing a 78.5% year-on-year rise. After necessary adjustments, the company reported an annual net loss of RMB 873.8 million.
