TRIGIANT Group (01300) saw its shares soar 11.57% during intraday trading on Monday, driven by positive annual results and strategic business developments.
The company recently released its annual results, reporting full-year revenue growth of 5.2% year-on-year to approximately RMB 2.639 billion. Benefiting from the rapid growth of the AIDC industry, TRIGIANT's main products—including power cables, signal cables, and optical cables—have gained widespread recognition. Notably, the flame-retardant flexible cable series, which includes AIDC power cables, generated annual revenue of RMB 1.18 billion, up 12.6% year-on-year, accounting for 44.7% of total turnover, making AIDC-related business the core growth engine.
Additionally, TRIGIANT's strategically positioned "Network Communication Data Cable" project has commenced full-scale production and is expected to achieve large-scale mass production by April 2026, with operator bidding procedures already initiated. This project marks the company's successful completion of a critical link in the full chain of computing power transmission, enhancing its coverage in the data center communication cabling sector.