Trigiant Group Soars Over 11% on Securing Preliminary 981 Million Yuan Signal Cable Tender from China Tower, Boosts AIDC Expansion

Stock News
04/23

Trigiant Group (01300) surged more than 11%, and as of writing, the stock was up 9.26% to HK$1.18, with a turnover of HK$7.5495 million. The rally follows a recent company announcement that China Tower (00788) published the preliminary results of its 2026 feeder product (signal cable) centralized procurement project on its online business platform. Trigiant Group's wholly-owned subsidiary, Jiangsu Trigiant Technology Co., Ltd., has been listed as a qualified bidder, ranking third in the tender. The total value of the project is approximately RMB 981 million (excluding tax). China Tower is one of the group's major clients, and this signal cable procurement is expected to positively contribute to both 5G infrastructure and the construction of domestic AI data centers (AIDC). In response to rapidly growing global demand for AI computing power, the group is intensifying its strategic investments to comprehensively expand its business footprint in the domestic AIDC sector. As AIDC construction in China continues to scale up and develop rapidly, the company expects this business segment to contribute significantly to the group's overall revenue, serving as a core engine driving growth and ushering the group into a new phase of high-quality development.

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