HK Stock Market Move | During the last trading session, INGDAN(00400) rose by more than 8%. Since the beginning of May, the stock price has doubled, recently boosted by the IPO of Yushu and the NVIDIA conference.

INGDAN (00400) rose more than 8% in the closing session, with a cumulative increase of over 100% since the beginning of May. As of the press release, it was up 6.19%, at 4.29 Hong Kong dollars, with a turnover of 57.8937 million Hong Kong dollars. On the news front, Yushu Technology's Sci-Tech Innovation Board IPO was approved by the Listing Committee on June 1st. As a core computing power module and service provider for Yushu Technology, INGDAN's industrial empowerment model has been validated. In addition, on June 9th, INGDAN and NVIDIA jointly held the "Jetson AI Smart Body Conference" in Shenzhen, showcasing the depth of integration in the edge AI and physical Siasun Robot & Automation industry. In the article "Remove the 'Distributor' Label! INGDAN's AI Industry Service Platform Awakens Value", it is pointed out that the market's perception of INGDAN has always been limited to the label of "traditional chip distributor". With deep strategic cooperation with global computing power giants such as NVIDIA, full chain service capabilities covering chip selection to mass production delivery, and deep industry accumulation in serving over a hundred Siasun Robot & Automation enterprises, INGDAN's positioning in the physical Siasun Robot & Automation industry chain is significantly scarce. Its investment logic is undergoing fundamental restructuring: transitioning from a "traditional chip distributor" to an "AI industry service platform", and shifting from "earning the price difference between purchase and sale" to "technological empowerment of industries".