Stock Track | TRIGIANT Soars 14.73% Intraday on Key Supply Chain Breakthrough and Strong Q1 Results

Stock Track
May 27

TRIGIANT's stock price surged 14.73% during Wednesday's afternoon trading session following the announcement of a significant technological breakthrough and entry into a major global supply chain.

The company's subsidiary, Jiangsu TRIGIANT Technology, has achieved a key technological breakthrough in its core feeder products and, through overseas cooperation channels, has entered the core supply chain of a leading global storage enterprise. The related products will support the client's large-scale deployment in the AIDC intelligent computing center sector, with the first cooperative order already secured and scheduled for delivery within the current month.

This development comes alongside TRIGIANT's strong first-quarter financial performance, which showed revenue of approximately RMB 824.7 million (a 50.3% year-on-year increase) and gross profit of approximately RMB 118.3 million (a 92.7% year-on-year increase). The company's products are gaining increasing recognition from clients in the AIDC field, with revenue from the intelligent computing center business expected to exceed 50% of total revenue this year.

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