On July 8, 2026, Shanghai Biren Technology Co., Ltd. ("Biren Technology", stock code: 6082.HK) successfully completed an H-share placement on the Main Board of The Stock Exchange of Hong Kong. The placement involved issuing 153 million new shares, raising approximately HKD7.068 billion in gross proceeds. Fangda Partners, acting as Biren Technology's PRC legal counsel, provided comprehensive, end-to-end legal services for the transaction.
Biren Technology is a leading provider of general-purpose intelligent computing solutions in China. Centered on its independently developed GPU products, the company delivers robust, secure, and efficient computing infrastructure across various industries. Biren Technology is dedicated to building a domestic intelligent computing industry and aims to serve as a core engine driving the development of China's artificial intelligence industry.
With deep experience in the semiconductor and hard-tech sectors, Fangda is committed to supporting the growth of Chinese enterprises with our rigorous and pragmatic legal expertise. That commitment can be seen in our long-term legal partnership with Biren Technology, having advised them on multiple matters including its pre-IPO and IPO financing. This successful placement by Biren Technology once again underscores our capabilities in providing legal services in cutting-edge technology industries.
The Fangda team advising on this placement was led by partners Jeffrey DING, Brian LIU, and SHI Shengjie. Team members included Helga CHEN, GU Hongjie, Simon LU, and Valerie WANG.