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IPO Detail
06082 壁仞科技
BIREN TECH
Listing Date2026/01/02    Listing Tomorrow
Listing Price19.600
Grey Market Performance
Last updated: 31/12/2025 19:59  Refresh
  • Bright Smart
    up 35.380 +15.780 (+80.510%)
    High
    38.000
     
    Low
    25.500
    Volume
    1,040,000
    One Lot Profit
    +3,156.00
  • Phillip
    up 35.360 +15.760 (+80.408%)
    High
    38.000
     
    Low
    19.600
    Volume
    12,800,000
    One Lot Profit
    +3,152.00
  • Futu
    up 35.220 +15.620 (+79.694%)
    High
    38.800
     
    Low
    20.000
    Volume
    19,788,200
    One Lot Profit
    +3,124.00
  • Bid
  • Ask
  • 35.340
  • (1) 400
  • 800 (1)
  • 35.380
  • 35.320
  • (1) 200
  • 400 (2)
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  • 35.300
  • (1) 1.2K
  • 0 (0)
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  • 35.280
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  • 35.440
  • 35.260
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  • 35.460
  • 35.240
  • (0) 0
  • 5K (1)
  • 35.480
  • 35.220
  • (0) 0
  • 4.4K (3)
  • 35.500
  • 35.200
  • (1) 600
  • 0 (0)
  • 35.520
  • 35.180
  • (2) 800
  • 0 (0)
  • 35.540
  • 35.160
  • (1) 400
  • 0 (0)
  • 35.560
  • Bid
  • Ask
  • 35.340
  • (2) 7K
  • 1K (4)
  • 35.380
  •  
  • (0) 0
  • 7K (9)
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  • (16) 63.6K
  • 400 (2)
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  • (2) 2.4K
  • 0 (0)
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COMPANY PROFILE

Shanghai Biren Technology Co. engaged in developing GPGPU chips and GPGPU-based intelligent computing solutions to provide the foundational computing power required by AI. By integrating self-developed GPGPU-based hardware and proprietary BIRENSUPA software platform, the Group’s solutions support the training and inferencing of AI models in a broad range of applications from cloud to edge.

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Strong performance and high efficiency for LLMs pre-training, post-training and inference of the Group’s GPGPU-based solutions, which possess high technology barriers, provide it with key competitive advantages among domestic players.

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The Group have built its solutions upon five foundational pillars: a self-developed GPGPU architecture, system-on-chip (“SoC”) design, hardware system, software platform, and cluster deployment optimization at large scale.

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As of December 15, 2025, the Group had 24 unfulfilled binding orders for its Specialist Technology Product with a total value of approximately RMB821.8 million. The Group has entered into five framework sales agreements and 24 sales contracts for its Specialist Technology Product with a total value of approximately RMB1,240.7 million.

BASIC INFORMATION
MarketHong Kong (Main Board)
Business NatureSemiconductors
Major Business AreaChina
Board Lot200
GLOBAL OFFERING
No. of Offer Shares247.69M H shares
No. of International Offer Shares235.31M H shares
No. of HK Offer Shares12.38M H shares
Offer Price$17.00 - $19.60
Stock Code6082
Sponsor(s)China International Capital Corporation Hong Kong Securities Limited, Ping An of China Capital (Hong Kong) Company Limited, BOCI Asia Limited
Underwriter(s)China International Capital Corporation Hong Kong Securities Limited, Ping An Securities (Hong Kong) Company Limited, BOCI Asia Limited, CLSA Limited, Orient Securities (Hong Kong) Limited, Futu Securities International (Hong Kong) Limited, SPDB International Capital Limited
TIME TABLE
Application PeriodDec 22 (Mon) - noon, Dec 29 (Mon)
Price Determination DateDec 30 (Tue)
Result Announcement DateOn or before Dec 31 (Wed)
Result Announcement DateOn or before Dec 31 (Wed)
Result Announcement DateOn or before Jan 02 (Fri)
Dealings in Shares commence onJan 02, 2026. (Fri)
Reallocation of Shares Offered
Sales Statistics (HKD)
Offer Price$17.00 - $19.60
Capitalization (H Shares)19.06B - 21.97B
NAV / share ($)$3.43 - $3.71 (Unaudited pro forma adj NAV / share)
Use Of Proceeds
Assuming the offer price being at HKD 18.3, the net proceeds raised would be HKD 4.35B, of which
85% : Research and development of intelligent computing solutions in the future, including the evolution of our intelligent computing hardware, and the development and upgrade of software platform
5% : Commercialization of intelligent computing solution. Expand sales and marketing team, carry out marketing and promotion activities such as setting up display centers or showrooms
10% : Working capital
IPO NEWS
31/12/2025 16:35
{New Stock}BIREN TECH(06082) ends up 80.41% on grey market
Related Document
Prospectus Prospectus  Chinese VersionProspectus  English Version
Remark： The above information is referenced from the prospectus.
  All data is calculated from the non- exercise rights(if applicable).
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