TRIGIANT Shares Surge Over 15% Again, Year-to-Date Gains Exceed 1000%, Market Cap Nears HK$90 Billion

Stock News
Jun 08

The share price of TRIGIANT (01300) surged more than 15% again during the morning session, bringing its cumulative increase for the year to over 1000%, with its total market capitalization approaching HK$90 billion. As of this writing, the stock is up 10.8%, trading at HK$4.72, with a turnover of HK$78.302 million.

Key Developments Driving the Rally

In May of this year, the company announced that its subsidiary, Jiangsu Trigiant Technology, achieved a key technological breakthrough in its core feeder (signal cable) products. Through overseas collaboration 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 intelligent computing center field. The first cooperative order has been officially secured and is scheduled for delivery within the same month, with significant potential for further expansion.

Company Profile and Business Outlook

Public information indicates that TRIGIANT 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 all AIDC scenarios, covering core segments such as power transmission, signal connection, and optical communication transmission.

Qian Xiwen, General Manager of Jiangsu Trigiant Technology Co., Ltd., stated, "Revenue from our intelligent computing center business accounted for over 40% of total revenue last year, and it is expected to exceed 50% this year."

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10