Bairong Inc. Announces Unaudited 2022 Interim Financial Results
Net profit margin was as high as 10%; Smart analytics and operation services achieved 46% revenue growth BEIJING, Aug. 24, 2022 /PRNewswire/ -- Bairong Inc. ("Bairong" or the "Company "; HKEX:6608), a leading artificial intelligence ("AI") and cloud-based software-as-a-service("SaaS") technology f...
Bairong Inc.: Digitalization of Wealth Management Is Imperative for Banks
Insights from Chen Liyu, SVP of Bairong Inc. on Banks to Moving from An MAU-Driven to an AUM-Driven Approach of Digitalization BEIJING, Aug. 15, 2022 /PRNewswire/ -- Bairong Inc. ("Bairong" or "the Company", 6608.HK), a leading independent AI-powered technology platform inChina , called on banks ...
Bairong Inc. Revenues Reach RMB451 Million in First Quarter of 2022
Revenues from smart analytics and operation services surging by over 40% in the first quarter BEIJING, May 31, 2022 /PRNewswire/ -- Bairong Inc. ("Bairong" or "the Company", 6608.HK), a leading independent AI-powered technology platform inChina , achieved steady growth in the first quarter of 202...
Bairong Inc. Reinforces Data Privacy Protection with New Patent
Federated-Learning-Based Method and System Secures the Data Privacy on Personal Mobile Devices BEIJING, May 16, 2022 /PRNewswire/ -- Bairong Inc. ("Bairong" or "the Company", 6608.HK), a leading independent AI-powered technology platform inChina , has been making efforts to develop new technologi...
Bairong's New Precision Marketing Solution Empowers Financial Institutions to Make Data-Driven Decisions in Delivering Streamlined, Personalized Customer Experience
BEIJING, April 15, 2022 /PRNewswire/ -- Bairong Inc ("Bairong" or "the Company", 6608.HK), a leading independent AI-powered technology platform inChina , announced that the Company has been granted a new patent for itssmart method and system for marketing strategy generation, an industry-leading s...
Bairong Inc. Achieves Record Revenues and Adjusted Net Profit in 2021
BEIJING, April 2, 2022 /PRNewswire/ -- Bairong Inc. ("Bairong" or "the Company", 6608.HK), a leading independent AI-powered technology platform inChina , has released its 2021 Annual Report with new records in revenues and adjusted net profit. Its total revenues and adjusted net profit reachedRMB1...
Bairong Inc. Named in KPMG's China Fintech 50 List for Sixth Consecutive Year
BEIJING, Jan. 4, 2022 /PRNewswire/ -- Bairong Inc. ("Bairong" or "the Company", 6608.HK), a leading independent AI-powered technology platform inChina, has been named in KPMG China's 2021 China Fintech 50 list for the sixth consecutive year. It is also one of the few companies to earn accolades i...
Bairong Inc. Wins Three Patents for Federated Learning and Voice Interruption
BEIJING, Dec. 17, 2021 /PRNewswire/ -- Bairong Inc ("Bairong" or "the Company", 6608.HK), a leading independent AI-powered technology platform inChina, was recently granted three national invention patents inChina, including two for Federated Learning technologies and one for "voice interruption ...
Bairong Inc. Revenue Reaches CNY 1.193 Billion for the First Three Quarters of 2021
* The Company achieved steady growth this year for its three key business segments. In the first three quarters, revenues reachedCNY 499 million for smart analysis and operations,CNY 352 million for precision marketing and CNY 343 million for insurance distribution, representing year-on-year gr...
Bairong Inc. to Acquire 52% Equity in Beijing All Union Technology Corp.
BEIJING, Nov. 1, 2021 /PRNewswire/ -- Bairong Inc ("Bairong" or "the Company", 6608.HK), a leading independent AI-powered technology platform inChina, announced lately that it has reached an agreement to acquire 52% of the equity interest in Beijing All Union Technology Corp. withRMB155.99 millio...
Bairong's Cloud-Native SaaS Platform Accelerates China Bohai Bank Digital Transformation
BEIJING, Sept. 6, 2021 /PRNewswire/ -- Bairong Inc ("Bairong" or "the Company", 6608.HK), a leading independent AI-powered technology platform inChina, is providing digital solutions, which include anti-fraud and loan monitoring systems, for China Bohai Bank to protect and scale its business. The...
Bairong Inc. Announces 2021 Interim Results with Strong Financial Growth
BEIJING, Aug. 26, 2021 /PRNewswire/ -- With the increasing customer demand comes after market recovery, Bairong Inc. (6608.HK, the "Company") reported a total revenue ofRMB791 million in the first half of 2021, representing a year-on-year increase of 67%. Correspondingly, the gross profit rose by...
Bairong Inc. to Approve Interim Financial Statement at Upcoming Meeting of the Board on August 25
BEIJING, July 29, 2021 /PRNewswire/ -- Bairong Inc ("Bairong" or "the Company", 6608.HK), a leading independent AI-powered technology platform inChina, has announced that a meeting of the Board will officially take place onWednesday, August 25 to approve the company's unaudited interim results fo...
Bairong Inc. Releases Inaugural Environmental, Social and Governance Report for 2020
BEIJING, July 26, 2021 /PRNewswire/ -- Bairong Inc ("Bairong", 6608.HK), a leading independent AI-powered technology platform inChina, has officially released its inaugural 2020 Environmental, Social and Governance Report ("the Report"). The Report outlines Bairong's initiatives and investments a...
Bairong and SPDB Deepen Partnership to Empower Digital Transformation of Financial Industry
BEIJING, June 28, 2021 /PRNewswire/ -- Bairong Inc. ("Bairong" or "the Company"; 6608.HK), a leading independent financial big data analytics solutions provider inChina, announced that it has won the bid of Shanghai Pudong Development Bank (SPDB) Credit Card Center to strengthen SPDB's revolving ...
China's Bairong Launches Share Repurchase and Stock Incentive Schemes
BEIJING, June 21, 2021 /PRNewswire/ -- Bairong Inc ("Bairong" or "the Company"; 6608.HK), a leading independent AI-powered technology platform inChina, has initiated a share repurchase plan and adopted a stock award scheme in a move that will pave the way for healthy and robust long-term growth. ...