HK Stock Market Move | TOPNC (07688) rose nearly 8%, with mid-term revenue of 166 million yuan, and sales of compact five-axis machine tools doubled year-on-year.

TOPNC (07688) rose nearly 8%, as of the time of writing, it increased by 7.91%, priced at HKD 16.91, with a transaction volume of HKD 13.4025 million. In terms of news, on August 28, TOPNC released its interim results for the six months ending June 30, 2026, reporting revenue of RMB 166 million and a gross profit of RMB 77.53 million. The company's compact general market five-axis machining centers feature high process adaptability, suitable for various materials and geometries, characterized by a user-friendly interface, providing a convenient channel for industrial-grade precision machining in the general industry sector. For the six months ending June 30, 2026, the sales volume of the company's compact general market five-axis machining centers was 14 units, an increase of 100.0% compared to the same period in 2025. It is also worth mentioning that in June of this year, the company successfully delivered the first 5-meter-level friction stir welding production line to a private commercial rocket company in China; in the development of key structural components for commercial rockets, the company successfully completed dual-sided friction stir welding tests on 50mm thick aluminum alloy plates with the customer, increasing weld strength to over 90% of the base material, while concurrently validating its independently developed new heavy-duty spindle with 430Nm torque and intelligent control system.