Small cap Bairong Inc (HKG: 6608 / FRA: 6B5) provides AI and digital intelligence and digital transformation services to Chinese banks (for security, credit evaluation, etc. purposes):
As a leader in the facilitation of the Chinese financial service industry’s smart digital transformation, we developed a proprietary AI and cloud-based SaaS platform, which leverages AI, cloud computing, blockchain and machine learning technologies to provide FSPs with highly adaptable, secured and reliable products and solutions. [2022 Interim Report]
As of June 30, 2022, we had served more than 6,000 financial institutions in China. Our clients include all of the six state-owned banks, 12 joint-equity banks, more than 950 regional banks, as well as major consumer finance companies, insurance companies and a variety of other licensed FSPs. [2022 Interim Report]
NOTE: Google Finance (P/E: 22.64) and Yahoo! Finance (P/E: 4.19) have conflicting P/Es.
1 YEAR CHART:
LONG TERM CHART:
Is China Still Uninvestable? A conversation with Navis Jockey Fund (SumZero) 52 Minutes
37:30 - He likes small cap Bairong Inc (HKG: 6608 / FRA: 6B5) - provides AI / digital intelligence to banks for credit purposes. 3X EBITDA. Growth business. Has western VCs.
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