06082 壁仞科技
BIREN TECH
BIREN TECH
| Register Close | 2025/12/29 IPO Closing in 6 Days |
| Listing Date | 2026/01/02 |
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IPO Detail
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
| Market | Hong Kong (Main Board) |
| Business Nature | Semiconductors |
| Major Business Area | China |
| Board Lot | 200 |
GLOBAL OFFERING
| No. of Offer Shares | 247.69M H shares |
| No. of International Offer Shares | 235.31M H shares |
| No. of HK Offer Shares | 12.38M H shares |
| Offer Price | $17.00 - $19.60 |
| Stock Code | 6082 |
| 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 Period | Dec 22 (Mon) - noon, Dec 29 (Mon) |
| Price Determination Date | Dec 30 (Tue) |
| Result Announcement Date | On or before Dec 31 (Wed) |
| Result Announcement Date | On or before Dec 31 (Wed) |
| Result Announcement Date | On or before Jan 02 (Fri) |
| Dealings in Shares commence on | Jan 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 |
Related Document
| Prospectus |  Chinese Version | 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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*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).