IngDan (00400.HK) Completes Strategic Upgrade to Vertical AI Token Factory Operator, Cumulative Intent Service Orders Exceed US$1 Billion

NewTimeSpace · 2026/07/16 07:53 · By Boyuan Chen

IngDan announced on July 16 that the Group has completed its strategic upgrade from an AI hardware distributor to a vertical AI Token factory operator, having cumulatively signed intent service orders exceeding US$1 billion with customers including global tier-one cloud service providers, embodied intelligence companies and AI model companies. The Group has established a vertical industry Token computing power scheduling platform with a revenue sharing model and dual-track infrastructure deployment. The Board believes the Group has established a first-mover advantage in the vertical AI computing power track and will develop Token operation services as its second growth curve. The intent orders are not yet signed contracts, and actual revenue recognition will depend on service agreement execution and business conditions.

NewTimeSpace News: IngDan, Inc. (00400.HK) announced on July 16 in a voluntary announcement that the Group has completed its strategic upgrade from an artificial intelligence hardware distributor to a vertical AI Token factory operator. The Group has cumulatively signed intent service orders totaling over US$1 billion, with customers covering global tier-one cloud service providers, embodied intelligence companies and AI model companies.

The Group has established a vertical industry Token computing power scheduling platform, adopting a Token computing power revenue sharing profit model. The computing power infrastructure is deployed through a dual-track model using both proprietary clusters and third-party computing power centers domestically and overseas, with plans to build distributed computing power nodes at multiple locations inside and outside China. The Group provides computing power partners with one-stop supporting services including data center construction, cluster operation and maintenance, and customer sourcing and导流, while also outputting lightweight Token computing power services to humanoid robot and drone industry enterprises.

The Board considers that the Group has established a first-mover advantage in the vertical AI computing power track, and will continue to expand distributed computing power nodes, iterate industry-customized Token products, and develop Token operation services as the Group's second growth curve.

Shareholders and potential investors should note that the intent orders are intent service orders (contracts not yet signed), and actual recognized revenue will depend on the execution of relevant service agreements and the business conditions at that time. The Company will issue further announcements in accordance with the requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited at the appropriate time.

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