On August 17, Biren Technology unveiled a profit forecast on the Hong Kong Stock Exchange. According to preliminary estimates for the six-month period concluding on June 30, 2026, the company anticipates revenue within the range of approximately RMB 1.150 billion to RMB 1.300 billion for the reporting period. This projection marks a substantial year-on-year surge, estimated between approximately 1852% and 2107%, in contrast to the RMB 58.90 million recorded during the corresponding period in 2025. Furthermore, the company expects the loss for the period and the loss attributable to its owners to hover around RMB 320 million to RMB 400 million, reflecting a notable reduction of 75% to 80% from the RMB 1.6005 billion incurred during the same timeframe the previous year.
