Ingdan Q1 2026 Revenue Jumps 125.6 % to RMB 6.03 Billion, Operating Profit Up 51 % on AI and Robotics Tailwinds

Bulletin Express05-12

Ingdan, Inc. reported unaudited revenue of RMB 6.03 billion for the three months ended 31 March 2026, up 125.6 % from RMB 2.67 billion a year earlier. Operating profit reached RMB 207.50 million, representing year-on-year growth of 51.0 %.

Revenue mix for the quarter comprised 54.8 % from distribution services, 44.7 % from technical solutions and 0.5 % from proprietary products. Management attributed the performance to three demand catalysts:

1. AI computing: Expanding global large-model training and inference workloads lifted demand for GPUs, CPUs, FPGAs and related solutions. 2. Memory: Wider AI adoption increased requirements for high-capacity memory and storage chips, boosting the Group’s memory-related sales. 3. Robotics: Accelerated commercialization in China’s humanoid and industrial automation markets generated incremental demand for high-performance computing components.

Ingdan maintains partnerships with more than 100 semiconductor suppliers, including NVIDIA, AMD, Intel and Huawei Ascend, and serves customers such as Meituan, Baidu and WeRide.

Management indicated that a healthy order book underpins revenue visibility and expects the high-growth trajectory to continue through the first half and full year 2026. The operational data are based on internal management accounts and remain subject to audit review; shareholders are advised to exercise caution when interpreting the figures.

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