HK Stock Market Move | TRIGIANT (01300) rose more than 15% in the afternoon, with a cumulative increase of more than 4.5 times within the year. The company has formed a product matrix that is suitable for various AIDC scenarios.
Chunzhi Group (01300) surged more than 15% in the afternoon, with a cumulative increase of over 450% since the beginning of the year. As of the end of the report, it rose by 12.89% to HK$2.19, with a trading volume of HK$31.92 million.
TRIGIANT (01300) rose more than 15% in the afternoon, with a cumulative increase of over 450% so far this year. As of the drafting of this report, it rose 12.89% to 2.19 Hong Kong dollars with a trading volume of 31.9211 million Hong Kong dollars.
On the news side, TRIGIANT previously announced that its first-quarter revenue was about 824.7 million yuan, a year-on-year increase of 50.3%; gross profit was about 118.3 million yuan, a year-on-year increase of 92.7%. The company mentioned in the announcement that its main products such as power cables, signal cables, and optical cables have gradually gained customer recognition in the AIDC field, driving revenue and gross profit acceleration. At the same time, the company is actively expanding overseas markets while stabilizing its domestic market.
Public information shows that TRIGIANT is a leading provider of mobile communication transmission solutions in China, with a large-scale optical cable production base in China. The company has formed a product matrix that adapts to the full scene of AIDC, covering core links such as power transmission, signal connection, and optical communication transmission. Qian Xiwen, General Manager of Jiangsu Junzhi Technology Co., Ltd., said, "The company's smart calculation center business revenue accounted for over 40% last year, and is expected to break through 50% this year."
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