INGDAN (00400.HK) saw its share price rally over 7% in Tuesday morning trading, touching HK$4.65 as of the time of reporting, up 7.39%, with turnover reaching approximately HK$14.55 million. The stock has gained roughly 41.69% since the start of the year and about 14.52% over the past month.

The company released its interim results for the six months ended June 30, 2026 on August 31, reporting revenue of RMB 13.249 billion, a year-on-year increase of 98.4%. Operating profit rose 87.7% to RMB 517 million, while profit after tax climbed 96.3% to RMB 373 million. Net profit attributable to equity shareholders grew an impressive 111.1% year-on-year to RMB 279 million.

According to the company, the robust half-year performance was primarily driven by persistently strong demand for chips used in artificial intelligence data centers (AIDC), storage, and robotics sectors.

In a separate announcement on August 24, the company disclosed that previously announced intended service orders exceeding US$1 billion have been formally converted into service contracts. These agreements are expected to generate cumulative service fee revenue of over US$1 billion over the next five years, with the relevant services anticipated to commence delivery in the fourth quarter of 2026.

The group has successfully completed a strategic upgrade, transitioning from an AI hardware distributor to a vertical AI Token factory operator. By adopting a "dual-track model" that combines proprietary computing clusters with third-party computing centers both domestically and internationally, the company is building out a comprehensive computing infrastructure.