INGDAN (00400) reported revenue of approximately RMB20.916 billion for the first three quarters, an increase of approximately 109.0%.

INGDAN (00400) announced that the Group sustained strong growth momentum in the third quarter of 2026, primarily benefiting from continued robust demand for chips in the AI data center (AIDC), storage, and Siasun Robot&Automation sectors. For the three months ended September 30, 2026, the Group recorded revenue of approximately RMB7.667 billion, an increase of approximately 130.1% compared with approximately RMB3.332 billion for the same period in 2025; operating profit was approximately RMB299 million, up approximately 133.7% year on year. For the nine months ended September 30, 2026, the Group recorded revenue of approximately RMB20.916 billion (comprising 42.8% technical solutions, 57.0% distribution business, and 0.2% self-developed products), an increase of approximately 109.0% compared with approximately RMB10.009 billion for the same period in 2025. Operating profit was approximately RMB816 million, up approximately 102.3% year on year. The Group currently continues to see strong customer demand, with ample and diversified orders and good business visibility. In particular, the Group has signed a formal service contract for its brand-new AI Token factory business, with total contract value (TCV) exceeding US$1 billion, and it is expected that by the end of 2026, the relevant TCV is expected to move further toward the target of doubling. The Group expects to maintain a high-growth trajectory for the remainder of 2026. Looking ahead, the AI Token factory business is expected to become the Group's second growth curve.