New shares first day | Tupos Numerical Control (07688) first listed, opening in the morning with a 40.2% increase. The company is a leading enterprise in the aerospace five-axis numerical control machine tool field.

Tuopu CNC (07688) made its debut on the stock market, with an announcement showing that each share was priced at 26.39 Hong Kong dollars. A total of 65.33 million shares were issued, with each lot consisting of 100 shares, resulting in a net amount of approximately 1.606 billion Hong Kong dollars. As of the time of writing, the stock price has increased by 40.2% to 37 Hong Kong dollars, with a trading volume of 416 million Hong Kong dollars. Public information shows that Tuopu CNC is a Chinese enterprise focusing on the research, design, production, and sales of high-end intelligent manufacturing equipment (mainly five-axis CNC machine tools). The company specializes in the development of five-axis CNC machine tools to meet the advanced manufacturing needs in the Chinese aerospace industry. According to a research report by Zhushi Consulting, by 2025, the company will be ranked first in the Chinese aerospace industry's five-axis CNC machine tool market with a market share of 10.0%, ranking fifth among all suppliers in the Chinese five-axis CNC machine tool market and second among domestic suppliers with a market share of 3.9%. According to the same source, five-axis CNC machine tools are basic industrial manufacturing equipment with increasingly wide-ranging applications across industries due to their ultra-high precision, efficiency, and intelligent processing capabilities. The market size of five-axis CNC machine tools is expected to grow from 12.9 billion RMB in 2025 to 31.9 billion RMB in 2030, with a compound annual growth rate of 19.8%. During the historical period, the company has expanded its market footprint to cover various industries in the general industry sector, including automotive, energy, medical equipment, shipbuilding, machine tool equipment, and mold manufacturing.