Business
Bairong Announced HK$450 Million Share Repurchase Program
Bairong Inc. (the "Company", "we" , "us" or "our" ; HKEX: 6608), a leading cloud-based AI turnkey service provider, announced a new HK$450 million share repurchase program.
About this update from Bairong, Inc. Class B
[{"type":"text","content":"BEIJING, Dec. 2, 2025 /PRNewswire/ -- Bairong Inc. (the "Company", "we" , "us" or "our" ; HKEX: 6608), a leading cloud-based AI turnkey service provider, announced a new HK$450 million share repurchase program.","length":255,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Bairong Inc)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Bairong Inc)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":93,"url":"https://media.zenfs.com/en/prnewswire.com/028e0185805369e921ef0b7d371f8f6a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/gDmXJ32oE7pGGnW7AboV0w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE2NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/028e0185805369e921ef0b7d371f8f6a","width":400,"height":93}},"href":"https://mma.prnewswire.com/media/1522592/WechatIMG64_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Board of Directors of the Company wishes to announce that the Board resolved to repurchase Class B shares of the Company in the open market from time to time within the next 12 months up to HK$450 million in value, pursuant to the share repurchase mandate approved by the shareholders of the at the annual general meeting held on May 30, 2025.","length":347,"tagName":"p"},{"type":"text","content":"The Company believes that the share repurchase will demonstrate the Company's confidence in its own business outlook and prospects and would, ultimately, benefit the Company and create value to its Shareholders. The Board believes that the current financial resources of the Company would enable it to implement the share repurchase while maintaining a solid financial position","length":381,"tagName":"p"},{"type":"text","content":"About Bairong","length":13,"tagName":"p"},{"type":"text","content":"Bairong Inc. is a leading enterprise-level AI application service provider, delivering AI Agent to institutional clients through its Results-as-a-service (RaaS) business model. The Company applies large language models (LLMs), reinforcement learning (RL), retrieval-augmented generation (RAG), multimodal intelligence, natural language processing (NLP), deep machine learning, digital human 3D engines, privacy computing, cloud computing and other technologies. Leveraging its proprietary BR-LLM large language model and it...