Shares of TRIGIANT (HKEX: 01300) surged more than 6% during the late trading session, reaching a record high of HK$4.93. The stock has been on a sustained upward trajectory, with its year-to-date gains now reaching an impressive 11 times their original value. At the time of writing, the stock was up 5.9% at HK$4.85, with a turnover of HK$114 million.

Public information indicates that TRIGIANT is one of the leading domestic manufacturers in China focused on the research, development, and sale of feeder cable series, optical cable series and related products, flame-retardant flexible cable series, new electronic components, and other accessories used in mobile communications and telecommunications transmission.

In May of this year, TRIGIANT disclosed that its subsidiary, Jiangsu Trigiant Technology, achieved a key technological breakthrough in its core feeder cable (signal cable) products. This breakthrough has enabled entry into the core supply chain of a globally leading storage enterprise through overseas cooperative channels. The related products are set to support the client's large-scale deployment in the AIDC intelligent computing center sector. The first cooperative order has been officially secured and is scheduled for delivery within the same month, with significant potential for further expansion in the future.