Bairong Inc.

6608

KYG0705A1085

IT Services & Consulting

Market Closed - Hong Kong S.E. Other stock markets 04:08:09 2024-07-16 am EDT			5-day change	1st Jan Change
9.2 ^HKD	-1.18%		+0.55%	-31.95%

Jul. 11	Bairong Inc. Appoints Han Kui Fang as an Executive Director	CI
Jun. 21	Bairong Inc.'s Equity Buyback announced on May 17, 2023, has expired.	CI

Bairong Inc. announces an Equity Buyback for HKD 250 million worth of its shares.

March 25, 2024 at 04:36 am EDT

Bairong Inc. (SEHK:6608) announces a share repurchase program. Under the program, the company will repurchase up to HKD 250 million worth of its shares. The repurchase program will be valid for 12 months.

Latest news about Bairong Inc.

Bairong Inc. Appoints Han Kui Fang as an Executive Director	Jul. 11	CI
Bairong Inc.'s Equity Buyback announced on May 17, 2023, has expired.	Jun. 20	CI
Bairong Inc. Announces the Resignation of Cathryn Xie Jianing as Executive Director	Apr. 15	CI
Bairong's 2023 Profit Jumps as Revenue Surges 31%	Mar. 25	MT
Bairong Inc. announces an Equity Buyback for HKD 250 million worth of its shares.	Mar. 25	CI
Bairong Inc. announces an Equity Buyback for HKD 250 million worth of its shares.	Mar. 25	CI
Bairong Inc. authorizes a Buyback Plan.	Mar. 24	CI
Bairong Inc. authorizes a Buyback Plan.	Mar. 24	CI
Bairong Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 24	CI
Bairong's Revenue Rises 33% in January-September	Nov. 20	MT
Bairong Inc. Announces Appointment of Zheng Wei as Chief Financial Officer	Nov. 20	CI
Bairong Inc. Announces Management Changes	Nov. 20	CI
Bairong Inc. Announces Director Changes	23-10-20	CI
Bairong Inc. Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-18	CI
Bairong's H1 Attributable Profit More Than Doubles	23-08-23	MT
Bairong Inc. Announces Board and Committee Changes	23-08-22	CI
Bairong Names Acting CFO as CFO Steps Down; January to March Revenue Up 25%	23-05-25	MT
Bairong Inc. commences an Equity Buyback Plan for 50,267,339 shares, representing 10% of its issued share capital, under the authorization approved on May 16, 2023.	23-05-17	CI
Bairong Inc.'s Equity Buyback announced on June 14, 2022, has expired.	23-05-15	CI
Bairong Swings to Attributable Profit in 2022 on Absence of Fair Value Losses	23-03-23	MT
Bairong Inc. Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-22	CI
Bairong Expects Swing to Profit in 2022; Shares Climb 9%	23-02-16	MT
Bairong Inc. Provides Earnings Guidance for the Year Ended December 31, 2022	23-02-15	CI
Bairong Inc. Announces Board Changes	23-01-13	CI
Sihuan Pharmaceutical's Biopharmaceutical Unit Closes 580 Million Yuan Round of Financing; Shares Up 4%	23-01-03	MT

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Company Profile

Bairong Inc is an artificial intelligence (AI) technology services company. The Company applies natural language processing (NLP), privacy computing, machine learning, cloud computing and other technologies to provide services to enterprises through model-as-a-service (MaaS) and business-as-a-service (BaaS). The MaaS service leverages discriminant AI to digitalize the know-your-customer (KYC) and know-your-product (KYP) process for enterprises, by analyzing users' risk, willingness, and capability. The BaaS service uses discriminant AI to analyze and stratify users into groups and develops generative AI-powered chatbots using human natural languages to interact with users. The Companyâs products and services are mainly used by enterprise customers in banking, consumer finance, insurance, e-commerce, automobiles, logistics, ticketing, energy, construction, and other industries.

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IT Services & Consulting

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Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

8.56 CNY

Average target price

17.06 CNY

Spread / Average Target

+99.28%

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Sector Machine Learning & Artificial Intelligence (AI) Services

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Machine Learning & Artificial Intelligence (AI) Services

Bairong Inc.

Equities

6608

KYG0705A1085

IT Services & Consulting

Bairong Inc. announces an Equity Buyback for HKD 250 million worth of its shares.

Latest news about Bairong Inc.

Chart Bairong Inc.

Company Profile

Income Statement Evolution

Ratings for Bairong Inc.

Analysts' Consensus

EPS Revisions

Annual profits - Rate of surprise

Sector Machine Learning & Artificial Intelligence (AI) Services