HK Stock Market Move | KARRIE INT'L (01050) rose by over 13%, preparing to commence mass production of AI enterprise server chassis orders, with an acceleration in the mass production of ASIC business.

KARRIE INT'L (01050) rose more than 13%, rising to 13.28% as of the latest report, reaching 2.73 Hong Kong dollars, with a turnover of 7.4379 million Hong Kong dollars. On the news front, on the evening of January 22nd, KARRIE INT'L announced that starting from the third quarter of 2025, the group has received an order for server casings from a leading artificial intelligence enterprise. The order has completed the casing design and development, passed customer sample verification, and is ready for mass production. At the same time, the group has also successfully obtained the design and prototype requirements for the new generation artificial intelligence architecture for this customer, which includes network switch casings, artificial intelligence computing casings, and server racks, and is expected to be delivered sequentially by 2026. In terms of progress with ASIC (Application-Specific Integrated Circuit) clients, the group began mass production in the third quarter of 2025 and rapidly increased the delivery volume of ASIC-related server casings in the second half of 2025. The ultimate customer for these ASIC casings is a leading US technology company. The company expects strong demand to maintain production capacity in China and Thailand factories for the full year of 2026. In addition, construction of a new production base on self-owned land in Thailand has officially begun, with the first phase of production equipment expected to be operational by the end of this year.