TRIGIANT (01300) experienced a significant increase of over 15% in afternoon trading, with its year-to-date gains surpassing 450%. At the time of reporting, the stock was up 12.89%, trading at HKD 2.19, with a turnover of HKD 31.92 million.

The company recently announced that its first-quarter revenue reached approximately RMB 824.7 million, marking a year-on-year increase of 50.3%. Gross profit for the period was about RMB 118.3 million, representing a growth of 92.7% compared to the same period last year.

According to the company's announcement, its core products, including power cables, signal cables, and optical cables, have gained increasing recognition from customers in the AIDC sector, contributing to accelerated growth in both revenue and gross profit. In addition to consolidating its position in the domestic market, TRIGIANT is actively expanding its presence in overseas markets.

Public information indicates that TRIGIANT is a leading provider of mobile communication transmission solutions in China, operating one of the country's largest single-site optical cable production bases. The company has developed a comprehensive product matrix tailored for full-scenario AIDC applications, covering key areas such as power transmission, signal connectivity, and optical communication transmission.

Qian Xiwen, General Manager of Jiangsu TRIGIANT Technology Co., Ltd., stated, "Last year, revenue from the company's intelligent computing center business accounted for over 40% of total revenue, and this figure is expected to exceed 50% this year."