DELTON's stock surged 5.25% intraday on Tuesday, reflecting strong investor buying activity.
The rally is driven by the company's recently released Q1 earnings forecast, which significantly exceeds market expectations. According to the forecast, Q1 net profit attributable to shareholders is projected at RMB 3.8 billion to 4.0 billion, representing year-over-year growth of 58.09% to 66.41%. The strong performance is primarily attributed to surging AI computing server PCB orders, with the company having successfully advanced certification processes with core computing clients, laying the groundwork for mass-production order conversion.
Additionally, institutions estimate that the company possesses PCIe 6.0 platform mass-production capability, with product unit prices expected to increase by approximately 50%. Bullish market sentiment from the company's A-share counterpart, which recently hit the daily limit-up, is also contributing to the positive momentum in the Hong Kong-listed shares.
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