Core Viewpoint - Hard Egg Innovation (00400) has seen a significant increase in stock price, rising over 7% due to strong financial performance driven by high demand for AI computing power [1] Financial Performance - For Q3 2025, the company reported revenue of approximately RMB 3.3321 billion, a year-on-year increase of about 22.1% [1] - Operating profit for the same period was approximately RMB 127.9 million, reflecting a year-on-year growth of about 34.7% [1] - In the first three months of 2025, the company achieved revenue of approximately RMB 10.0086 billion, a year-on-year increase of 42.0% [1] - Operating profit for this period was approximately RMB 403.5 million, showing a year-on-year growth of about 24.8% [1] Market Outlook - Guosheng Securities (002670) has released a report indicating that the demand for computing power and related software services is on the rise due to the AI wave [1] - The company is positioned well with scarce computing power resource channels and is building a closed-loop industry chain from chip to edge to cloud [1] - The Jetson product line is gradually ramping up production, with revenue projections for 2025-2027 estimated at RMB 13.36 billion, 20.03 billion, and 27.08 billion respectively [1] - Expected net profit attributable to the parent company for the same period is projected at RMB 250 million, 380 million, and 500 million respectively [1] - The company is expected to benefit from the conversion of data resources and computing chip resources, as well as the ramp-up of self-developed products, maintaining a valuation advantage [1]
硬蛋创新早盘涨超7% 公司掌握稀缺算力资源渠道 有望持续受益于AI算力庞大需求