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An announcement from Trigiant Group Ltd. ( (HK:1300) ) is now available.
Trigiant Group Limited announced that its wholly owned subsidiary Jiangsu Trigiant Technology Co., Ltd. has been named a prospective successful bidder in China Telecom’s centralized procurement program for power cables for 2025–2027, with a tax-inclusive bid of RMB2.84 billion and a ranking of third among tenders. As China Telecom is one of its key customers, the contract is expected to reinforce Trigiant’s role in China’s Artificial Intelligence Data Centre build-out, with management viewing the AIDC segment as a future core growth engine that could usher in a new phase of high-quality development for the group, while investors are urged to remain mindful of investment risks.
The expected win in China Telecom’s long-term power cable tender underpins Trigiant’s efforts to deepen its presence in domestic AI data center infrastructure and capture rising demand for AI computing power. By securing a multi-year supply position with a major state-backed operator, the group aims to strengthen its revenue visibility and competitive standing in China’s communications and data center supply chain.
The most recent analyst rating on (HK:1300) stock is a Hold with a HK$0.74 price target. To see the full list of analyst forecasts on Trigiant Group Ltd. stock, see the HK:1300 Stock Forecast page.
More about Trigiant Group Ltd.
Trigiant Group Limited is a Cayman Islands–incorporated company focused on power cables and related telecommunications infrastructure products, serving major operators in mainland China. Through subsidiaries such as Jiangsu Trigiant Technology Co., Ltd., the group targets large-scale centralized procurement projects, positioning itself within fast-growing segments like data center construction and AI‑driven network upgrades.
Average Trading Volume: 3,782,945
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.57B
Learn more about 1300 stock on TipRanks’ Stock Analysis page.