HK Stock Market Move | INGDAN (00400) increases by more than 18% again AI infrastructure competition has shifted to system efficiency optimization The company has sufficient orders and improved operations.
Hard Egg Innovation (00400) surged over 18% again, as of press time, up 13.02% to HK$3.82, with a turnover of HK$43.37 million.
INGDAN (00400) rose by more than 18%, as of the time of publication, it was up 13.02%, trading at 3.82 Hong Kong dollars, with a turnover of 43.3714 million Hong Kong dollars.
On the news front, INGDAN's first quarter performance showed that it achieved a revenue of approximately 6.034 billion yuan during the period, a year-on-year increase of 125.6%. Technology solutions accounted for 44.7% of total revenue, distribution business accounted for 54.8%, and self-developed products accounted for 0.5%; operating profit was approximately 208 million yuan, an increase of 51.0% year-on-year. With the strong growth momentum continuing under the resonance of the three major high-occupancy tracks of AI computing power, storage, and Siasun Robot & Automation.
Chairman and CEO of INGDAN, Kang Jingwei, said that the AI infrastructure competition has shifted from computing power stacking to system efficiency optimization. The company's "XPU + FPGA + storage + software and hardware co-design" full-stack ecosystem effectively improves customer computing power utilization, reduces overall operating costs, and becomes the core support for enterprise high-speed growth. With the current solid order book and positive operation, the company is expected to maintain a high growth trend until 2026.
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