Shares of INGDAN (00400) rose more than 4%, reaching a gain of 4.15% to HK$3.26 by the time of writing, with a trading volume of HK$20.40 million.

The company recently disclosed its first-quarter results, reporting revenue of approximately RMB 6.034 billion, a significant increase of 125.6% year-on-year. The revenue breakdown shows that technology solutions accounted for 44.7%, distribution business for 54.8%, and self-developed products for 0.5%. Operating profit reached about RMB 208 million, up 51.0% compared to the same period last year.

Driven by three high-growth sectors—AI computing power, storage, and robotics—the company's performance continues to demonstrate strong growth momentum. According to the announcement, the group currently benefits from robust customer demand, ample orders, and good business visibility. Management anticipates that both the first half and the full year of 2026 will maintain a rapid growth trajectory.

Analysis highlights that the continuous rise in global demand for large model training and inference is accelerating investment in AI computing power infrastructure, providing strong growth impetus for INGDAN's technology solutions business. Concurrently, the rapid expansion of AI application scenarios is fueling sustained strong demand for memory and high-capacity storage chips, boosting the company's storage-related business. Additionally, the scaling implementation of humanoid robots and industrial automation in the domestic market is significantly increasing demand for high-performance computing chips and embedded systems, further expanding the company's growth potential.