Teamsun Technology (600410) Limit-Up Analysis: Dual-Driven by AI Concept and Performance Growth

Teamsun Technology (600410), a cloud computing solution provider, has delivered outstanding stock performance in 2025, doubling its share price year-to-date [4], and entered the limit-up pool on November 18, 2025 [1]. Its limit-up is mainly driven by multiple factors: 1) Significant performance improvement: Revenue in the first three quarters reached 3.172 billion yuan (YoY +6.54%), and net profit attributable to shareholders was 358 million yuan (YoY +267.43%) [0]; 2) Deepened AI strategic layout: Established a joint venture SuperX Global Service with SuperX AI to deploy full-stack AI infrastructure solutions [5]; 3) Continuous landing of large orders: Including winning the AI-enabled tax collection and management construction project of the General Administration of Customs [2] and orders from the Export-Import Bank of China [0]; 4) Increased market capital attention: On November 17, the main capital net inflow was 1.226 billion yuan, with a turnover rate of 19.76% [3]; 5) Benefiting from the overall popularity of the AI Agent sector, which has seen 14 stocks double in price this year [4]. The company focuses on the strategy of “Computing Infrastructure + AI Scenarios + Huawei Ecosystem”, and its dual-track equity incentive binds the core team to further strengthen competitiveness [0].

1. Resonance between AI Concept and Performance Growth
   : The company’s AI business transformation has achieved significant results, and the positive cycle between performance growth and AI sector popularity has driven the stock price to continue to rise.
2. Dual-Driven by Orders and Capital
   : Large government and enterprise orders verify the market recognition of the company’s AI solutions, while strong capital inflows reflect investors’ confidence in the company’s future development.
3. Industry Trend Dividends
   : The development of AI Agents has exceeded expectations and become the main line of tech investment. As a core target in this sector, Teamsun Technology fully enjoys the industry growth dividends [4].

: The short-term stock price has risen sharply (doubled this year), with valuation correction pressure; if the AI sector cools down, it may lead to stock price fluctuations.
: The demand for AI infrastructure continues to grow, and the company is expected to obtain more orders; the cooperation with SuperX Global Service may bring new business growth points.
: Close attention should be paid to the AI sector trend and the company’s subsequent order releases. In the short term, vigilance is needed against the risk of overvaluation.

Teamsun Technology (600410)'s limit-up is the result of combined effects of performance improvement, AI strategy implementation, order growth, and market capital pursuit. The company’s layout in the AI infrastructure field is in line with industry development trends, and its future performance is worth attention. Investors should combine their own risk tolerance, rationally view short-term stock price fluctuations, and pay attention to changes in the company’s fundamentals and industry dynamics.