TRIGIANT Shares Surge Over 12% as AI Data Center Business Expected to Exceed 50% of Revenue This Year

Stock News
Jun 02

Shares of TRIGIANT Group (HKEX: 01300) surged again by over 12%. At the time of writing, the stock was up 9.31% to HK$4.11, with a turnover of HK$45.01 million.

The company announced that its subsidiary, Jiangsu TRIGIANT Technology, has achieved a key technological breakthrough in its core feeder line (signal cable) products. Through overseas cooperation channels, it has entered the core supply chain of a global top-tier storage leader. The related products will support the client's large-scale deployment in the AIDC (AI Data Center) field.

The first order from this collaboration has been officially secured and is scheduled for delivery within the current month, with significant potential for further expansion.

Public information shows that TRIGIANT Group is a leading provider of mobile communication transmission solutions in China, operating one of the country's largest single-site optical cable production bases. The company has developed a product matrix suitable for full AIDC scenarios, covering core areas such as power transmission, signal connection, and optical communication transmission.

Qian Xiwen, General Manager of Jiangsu TRIGIANT Technology, stated, "Last year, the revenue contribution from our AI data center business already exceeded 40%, and it is expected to surpass 50% this year."

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