Shanghai Biren Technology Co., Ltd. (Biren Tech) has completed a placement of 130.00 million new H shares under its existing general mandate, according to the Next Day Disclosure Return dated 12 October 2026. The shares were issued at HKD 31.08 per share, generating gross proceeds of approximately HKD 4.04 billion.

Prior to the placement, Biren Tech had 1.36 billion issued shares. Following the allotment, the company’s issued share capital increased to 1.49 billion shares, representing a 9.54% expansion. No treasury shares were outstanding before or after the transaction, and no share repurchases or on-market treasury share sales were reported.

The board confirmed that the share issuance was duly authorized and executed in compliance with Hong Kong Stock Exchange listing rules and relevant regulatory requirements, with all proceeds fully received.