Hudian shares jumped to the daily limit intraday after market reports it won a
large share of server orders from an overseas AI vendor; the company declined to
confirm customer identities. Hudian said operations are stable and projects are
proceeding normally, and it expects order volumes to be relatively sufficient
through 2027. The company reports 1.6T switch motherboards are in mass
production, 3.2T products are advancing steadily, and its Thailand plant is now
running above 90% capacity as overseas capacity rollout continues. On full-year
revenue guidance, Hudian advised investors to use first-quarter operating data
as a reference.
