TRIGIANT (01300) saw its share price rise more than 15% in the afternoon session, bringing its year-to-date gain to over 7.4 times. At the time of writing, the stock was up 15.41% to HK$3.37, with a turnover of HK$101 million.

The company announced that its subsidiary, Jiangsu TRIGIANT Technology, has achieved a key technological breakthrough in its core feeder (signal cable) products. Through overseas cooperation channels, these products have 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.

The first cooperative order has been formally secured and is scheduled for delivery within the current month, with significant potential for further expansion in the future.

TRIGIANT's first-quarter results showed revenue of approximately RMB 824.7 million, a year-on-year increase of 50.3%. Gross profit was approximately RMB 118.3 million, up 92.7% year-on-year. The company's main products, including power cables, signal cables, and optical cables, are gaining increasing recognition from clients in the AIDC field, driving accelerated growth in both revenue and gross profit. Alongside stabilizing its domestic market, the company is actively expanding its overseas presence.

Qian Xiwen, General Manager of Jiangsu TRIGIANT Technology, stated, "Last year, revenue from our intelligent computing center business already exceeded 40% of our total, and we expect this proportion to surpass 50% this year."