INGDAN (00400) Surges Over 7% in Early Trading Amid Strong AI Computing Demand and Scarcity-Driven Resource Advantage

Stock News11-25

INGDAN (00400) rose more than 7% in early trading, reaching HK$2.83 with a turnover of HK$18.93 million by press time. The company recently announced its Q3 2025 results, benefiting from robust AI computing demand. Revenue for the quarter reached approximately RMB 3.33 billion, up 22.1% year-over-year, while operating profit grew 34.7% to RMB 127.9 million.

For the first nine months of 2025, INGDAN reported revenue of RMB 10.01 billion, a 42.0% annual increase, and operating profit of RMB 403.5 million, up 24.8%. Analysts highlight the company’s access to scarce computing resources and its integrated "chip-device-cloud" industrial chain as key strengths.

With strong demand for its Jetson product line and other AI-driven offerings, INGDAN is projected to achieve revenues of RMB 13.36 billion, RMB 20.03 billion, and RMB 27.08 billion from 2025 to 2027, alongside net profits of RMB 250 million, RMB 380 million, and RMB 500 million. The company’s valuation appeal and growth potential in data resources and proprietary chips support a "Buy" rating.

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