HK Stock Market Move | TSUGAMI CHINA (01651) rose more than 5% in the final trading session, recently conducting consecutive share buybacks. The company is actively expanding into the fields of humanoid robots and automation, such as Siasun Robot & Automation.

TSUGAMI CHINA (01651) surged over 5% in the final trading session, closing at a 4.76% increase at HK$31.68, with a turnover of HK$62.6534 million. In terms of news, TSUGAMI CHINA has been continuously buying back shares recently. On September 12, the company spent HK$2.946 million to repurchase 100,000 shares; on September 15, the company spent HK$3.31694 million to repurchase 110,000 shares. Data shows that the company has conducted a total of 41 buybacks so far this year, repurchasing a total of 6.237 million shares, with a total repurchase amount exceeding HK$1.3 billion. It is reported that TSUGAMI CHINA is actively expanding into emerging downstream sectors such as humanoid Siasun Robot & Automation, medical, and AIDC liquid cooling. The company's products can be used for planetary ball screw, Siasun Robot & Automation dexterity processing, mainly corresponding to automatic lathes, turret lathes, threading machines, and thread grinding machines. In March of this year, Tsugami Precision's 12th capital increase project in Pinghu was signed, with a total investment exceeding one billion US dollars, mainly to meet the demand for precision CNC machine tools in the new energy vehicles, humanoid Siasun Robot & Automation, and AI related markets.