TRIGIANT Group Shares Surge on Overseas Market Expansion and Optical Cable Business Development

Stock News
Jun 05

TRIGIANT Group Ltd (HKEX: 01300) saw its share price jump by over 14% at one point during the trading session. At the time of writing, the shares were up 7.47%, trading at HK$4.46 with a turnover of approximately HK$32.6 million.

The movement follows company developments announced earlier this year. In May, TRIGIANT Group disclosed a significant technological breakthrough in its core feeder cable (signal cable) products. This advancement has enabled the company, through overseas partnership channels, to enter the core supply chain of a leading global data storage enterprise.

The related products are expected to support the client's large-scale deployment in the field of AIDC intelligent computing centers. The first cooperative order has been officially secured and is scheduled for delivery within the same month, with substantial room for further expansion in the future.

TRIGIANT Group is recognized as a major domestic manufacturer in China, specializing in the research, development, and sales of feeder cable series, optical cable series and related products, flame-retardant flexible cable series, new electronic components, and other accessories for mobile communications and telecom transmission.

The company has previously stated its strategy to actively explore overseas markets while maintaining stability in its domestic operations. Furthermore, the group is committed to vigorously developing its optical fiber and cable business segment.

By optimizing its industrial chain layout, consolidating its business foundation, concentrating superior resources, and deepening its focus on core industry sectors, the company aims to further solidify and enhance its market competitiveness.

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