TRIGIANT (01300) saw its shares rise more than 25% during the session, bringing its cumulative gain since early April to over 150%. As of the latest update, the stock was up 20.48% at HK$2, with a turnover of HK$40.29 million.

The company previously announced that its first-quarter revenue reached approximately RMB 824.7 million, a year-on-year increase of 50.3%, while gross profit rose to about RMB 118.3 million, up 92.7% compared to the same period last year.

According to the company's statement, core products such as power cables, signal cables, and optical cables are gradually gaining customer acceptance in the AIDC (AI Data Center) field, driving accelerated growth in both revenue and gross profit. In addition to stabilizing its domestic market, the company is also actively expanding into overseas markets.

Notably, TRIGIANT recently announced that a subsidiary has been pre-selected as a winning bidder for a procurement project worth approximately RMB 981 million with China Tower. As a key client of the group, this signal cable project is expected to directly contribute to the development of domestic 5G infrastructure and intelligent computing centers.

The group stated that with the rapid expansion of AIDC construction, this business segment is poised to become a core engine driving the overall growth of the company.