HK Stock Market Move | TIANGONG INT'L (00826) rose more than 6% as its cemented carbide cutting tools business saw a significant increase in volume in the first quarter. The company has made progress in the robotics and automation field through collaboration with Siasun Robot&Automation.

TIANGONG INT'L (00826) rose more than 6%, at the time of writing, it increased by 5.88%, to 3.78 Hong Kong dollars, with a trading volume of 72.5672 million Hong Kong dollars. On the news front, facing a market environment with soaring raw material prices, TIANGONG INT'L's hard alloy cutting tools segment relies on high-end product structure, scale-driven cost control, and efficient operation of sales network. In the first quarter of 2026, the sales and receivables of the company achieved rapid growth, with an increase of over 300% compared to the same period in 2025, demonstrating strong operational resilience and market expansion momentum. This breakthrough against the trend signifies the accelerating increase in the market share of the company's high-end cutting tools in the import substitution market segment. It is worth noting that TIANGONG INT'L's hard alloy cutting tools segment continues to deepen cooperation with leading enterprises in the high-end application market. It has made progress in the Siasun Robot & Automation manufacturing field, with the company's products completing the relevant system access and fully entering the supply system of Shenyang New Siasun Robot & Automation Co., Ltd. Siasun Robot & Automation is affiliated with the Chinese Academy of Sciences and is a leading enterprise in the Siasun Robot & Automation industry in China, covering multiple high-tech fields such as industrial robots, mobile robots, collaborative robots, and intelligent equipment.