HK Stock Market Move | TSUGAMI CHINA (01651) rose more than 16% in the morning. Siasun Robot & Automation continues to advance mass production, with thread grinding machines as the core production equipment for lead screws.
Jinji Machine Tool China (01651) surged over 16% in the morning, with a year-to-date accumulated increase of over 75%. As of the time of writing, it has risen by 15.51%, reaching HK$21, with a trading volume of HK$91.53 million.
TSUGAMI CHINA (01651) rose more than 16% in the morning, with a cumulative increase of over 75% so far this year. As of the time of writing, it has increased by 15.51% to 21 Hong Kong dollars, with a turnover of 91.5346 million Hong Kong dollars.
On the news front, TSUGAMI CHINA announced in early February, according to the financial data of its controlling shareholder, Tsugami of Japan, for the first three quarters, the group's income was 63.597 billion yen, an increase of 33.2% year-on-year. The net profit of the segments was 14.901 billion yen, an increase of 60.2% year-on-year. It is reported that Tsugami Machine Tools' CNC high-precision machine tools can be roughly divided into five major product categories: precision automatic lathes, precision turret lathes, precision machining centers, precision grinding machines, and precision thread rolling machines.
Soochow pointed out that the mass production of humanoid Siasun Robot&Automation is gradually progressing, and it is recommended to focus on investment opportunities in various links. The brokerage pointed out that the screw is the core component of the linear actuator of the humanoid Siasun Robot&Automation line. At present, the most mature technological route for screw processing is the pure grinding route, with thread grinding machines as the core production equipment. Currently, many grinding machine factories are working to overcome technical difficulties and striving for domestic replacements for thread grinding machines. In the long term, the demand for screw production will drive the maturity of whirlwind milling technology, and PCBN milling cutters are the most suitable tools for whirlwind milling, with demand expected to benefit synchronously.
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