Stock Track | INGDAN Soars 5.11% Intraday on Robust Q1 Results and AI-Driven Growth Momentum

Stock Track05-18

INGDAN's stock price surged 5.11% during intraday trading on Monday, following the release of its impressive first-quarter financial results.

The company reported a significant year-on-year revenue increase of 125.6% to approximately RMB 6.034 billion, with operating profit rising 51.0% to about RMB 208 million. The strong performance is attributed to robust growth in its technology solutions and distribution businesses, driven by high-demand sectors including AI computing power, storage, and robotics.

Management highlighted strong customer demand, a solid order book, and positive business visibility, anticipating a continued rapid growth trajectory for the first half and full year of 2026. The global surge in demand for AI infrastructure and the scaling implementation of automation technologies are providing sustained momentum for the company's core operations.

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