HUAQIN's stock surged 6.61% during intraday trading on Tuesday, reflecting strong investor interest in the company's position within the AI hardware ecosystem.
The rally was driven by HUAQIN's recognition as a rare domestic NVIDIA AI server original design manufacturer deeply embedded in NVIDIA's computing power ecosystem. The company's data center business is expected to generate annual revenue exceeding 60 billion yuan, with super-node products targeting full-year revenue above 10 billion yuan.
Additional support came from strong sector momentum, with peer companies in the computing hardware sector also performing well. Institutional confidence was evident with Pacific Securities issuing a buy rating and 15 institutions initiating coverage over the past 90 days, 13 of which issued buy ratings with a consensus target price of 128.98 yuan. Morgan Stanley has been continuously increasing its stake to 7.03%, signaling clear confidence in the company's growth trajectory.