IngDan (00400.HK): 1H Revenue Expected to Surge 80%-100% to RMB12-14 Billion; AI Token Factory Secures Over USD1 Billion in Intent Orders
NewTimeSpace News: INGDAN, Inc. (stock code: 400) issued an announcement setting out the unaudited operational summary of the group for the six months ended 30 June 2026.
According to the announcement, based on a preliminary assessment of the group's latest unaudited consolidated management accounts for the six months ended 30 June 2026, the group maintained the strong growth momentum from the first quarter into the second quarter of 2026. For the six-month period ended 30 June 2026, the group expects to record revenue of approximately RMB 12 billion to RMB 14 billion, representing an increase of 80% to 100% compared with approximately RMB 6.7 billion in the same period of 2025. Operating profit is expected to increase by 60% to 100% year-on-year. This growth was primarily driven by continued strong demand for chips in the artificial intelligence data center (AIDC), storage, and robotics sectors.
The announcement disclosed that the group currently enjoys robust customer demand, ample orders, and good business visibility. In particular, the group's new AI Token Factory business has already secured intent orders exceeding USD 1 billion. Management expects the business to maintain high-speed growth momentum in the second half of 2026. Looking ahead, the IngDan AI Token Factory business is expected to become the group's second growth curve.
The announcement cautioned that the group's results for the six months ended 30 June 2026 remain subject to period-end adjustments, particularly regarding inventory valuation, as well as impairment assessments of certain trade and loan receivables, goodwill, and intangible assets, which have not been finalized and have not been reviewed by the company's independent auditor or audit committee. These valuations and assessments may affect the final reported operating profit. The information in this announcement is based solely on a preliminary assessment by management using currently available information and has not been audited or reviewed by the independent auditor or audit committee. The group's final consolidated interim results for the six months ended 30 June 2026 are expected to be published before the end of August 2026.
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