INGDAN (00400) has reported a strong set of financial results for the six months ended June 30, 2026, showcasing substantial growth across key financial metrics.
The company achieved revenue of RMB 13.249 billion, representing a robust 98.4% increase compared to the same period last year. Net profit attributable to shareholders surged by 111.1% to RMB 279 million, with basic earnings per share reaching RMB 0.172.
The group's revenue comprised 43.1% from technology solutions, 56.6% from distribution operations, and 0.3% from proprietary products. This compares favorably to the RMB 6.677 billion generated in the first half of 2025. Gross profit climbed approximately 36.5% to RMB 799.7 million, while operating profit expanded by 87.7% to RMB 517.2 million. Net profit after tax increased by 96.3% to RMB 373 million.
The Growth Drivers
Management attributed this exceptional performance to the sustained strong demand for chips in the AIDC, storage, and robotics sectors. The company has successfully positioned itself to capitalize on the full spectrum of AI-driven opportunities, from computing infrastructure to intelligent terminal applications, by converting core AI chip resources into efficient, deployable solutions for clients.
INGDAN has established a comprehensive library of AI computing hardware from both domestic and international manufacturers, creating a significant supply chain competitive advantage. Through deep understanding of upstream chip characteristics and downstream industry requirements, the company has developed mature application solutions for robotics, autonomous driving, and the low-altitude economy sectors. These initiatives effectively help customers lower technical barriers and accelerate their product innovation cycles.
Strategic Value Enhancement
The group has innovatively transformed its approach from simply "selecting chips" to "utilizing chips effectively", providing customers with ready-to-use core technology modules that significantly reduce research and development cycles. This allows clients to focus on differentiating their own applications while gaining first-mover advantages in the market.
Beyond empowering external customers, the group has deeply integrated AI technology into its internal operations, upgrading core business processes including marketing, customer acquisition, and supply chain management. This dual approach not only improves operational efficiency and reduces costs but also supports the healthy and rapid growth of the overall business, creating a strategic feedback loop that reinvests in AI technological development.