On October 12, 2026, Shanghai Biren Technology Co., Ltd. (“Biren Technology”, stock code: 6082.HK) successfully completed its second H-share placement on the Main Board of The Stock Exchange of Hong Kong. The placement involved the issuance of 130 million new H shares, raising approximately HKD 4 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 powerful, secure, and efficient computing infrastructure across various industries. Since its establishment, Biren Technology has remained committed to developing proprietary core architectures and fostering a domestic intelligent computing ecosystem, with the ambition of serving as a key driver of China’s artificial intelligence industry.
As a long-standing legal partner of Biren Technology, Fangda previously advised the company on its successful initial public offering and listing on the Main Board of the Hong Kong Stock Exchange, as well as its subsequent new share placement in July 2026, which raised approximately HKD 7.068 billion. The successful completion of this latest placement once again demonstrates Fangda’s capabilities in providing legal services across cutting-edge technology sectors and capital markets, underpinned by its rigorous and pragmatic approach. It also reflects the firm’s enduring commitment to supporting the growth and development of Chinese enterprises through professional legal expertise.
The Fangda team was led by partners Jeffrey DING, Brian LIU and SHI Shengjie. Team members included Valerie WANG and WANG Shen.