Hard Egg Innovation (00400)'s revenue for the first three quarters was about 20.916 billion yuan, an increase of about 109.0%

Zhitong Finance App News, Hard Egg Innovation (00400) announced that the Group continued its strong growth trend in the third quarter of 2026, mainly benefiting from continued strong demand for chips in the fields of artificial intelligence data centers (AIDC), storage and robotics.

For the three months ended September 30, 2026, the Group recorded revenue of approximately RMB 7.667 billion, an increase of approximately 130.1% over the same period of approximately RMB 3.333 billion in 2025; operating profit was approximately RMB 299 million, an increase of approximately 133.7% year-on-year.

For the nine months ended September 30, 2026, the Group recorded revenue of approximately RMB20.916 billion (including 42.8% technical solutions, 57.0% distribution business and 0.2% self-developed products), an increase of approximately 109.0% over the same period in 2025 of approximately RMB10.09 billion. Operating profit was approximately RMB 816 million, an increase of about 102.3% year-on-year.

The Group's current customer demand continues to be strong, orders are abundant and diversified, and business visibility is good. In particular, the Group has signed a formal service contract for the new AI Token factory business. The total contract value (TCV) has exceeded 1 billion US dollars, and it is expected that by the end of 2026, the relevant TCV will further advance towards the goal of doubling. The Group expects to continue its rapid growth trend for the rest of 2026. Looking ahead, the AI Token factory business is expected to become the Group's second growth curve.