HK Stock Market Move | TSUGAMI CHINA (01651) rises by over 8% again. The screw track enters the capacity construction phase. The company's products include precision grinding machines.

TSUGAMI CHINA (01651) rose by over 8% again, reaching a high of 15.82 Hong Kong dollars, setting a new record since its listing. As of the time of this report, it has risen by 8.1% to 15.74 Hong Kong dollars, with a trading volume of 27.0497 million Hong Kong dollars. On the news front, TSUGAMI CHINA announced earlier this month that according to the financial data for the first three quarters of the fiscal year from its controlling shareholder, Tsugami of Japan, the group's revenue was 63.597 billion Japanese yen, an increase of 33.2% year-on-year. The net profit of its divisions was 14.901 billion Japanese yen, an increase of 60.2% year-on-year. It is reported that Tsugami's CNC high-precision machine tools can be roughly divided into five major product categories, including precision automatic lathes, precision turret lathes, precision machining centers, precision grinding machines, and precision threading machines. Guotai Junan pointed out that the application progress of ball screws in the humanoid Siasun Robot & Automation field is significant, and is expected to bring broad market incremental space. Huaxin Securities mentioned that the ball screw sector is entering the capacity construction stage; precision machining is the decisive factor for ball screw performance, with grinding being the core process for precision machining of ball screws; grinding is the main thread processing process, with thread grinding machines dominating the ball screw equipment market.