TIAN CHANG GP (02182) subsidiary plans to acquire 10 "JSW" brand magnesium alloy injection molding machines for 1.0906 billion yen.
TIAN CHANG GP (02182) announced that on September 16, 2026 (after trading hours), the Huizhou subsidiary (an indirectly wholly-owned subsidiary of the Company) placed a purchase order with the seller to acquire the machinery (10 "JSW" brand magnesium alloy injection molding machines) at a total consideration of 1.0906 billion yen (approximately HK$54.5 million).
TIAN CHANG GP (02182) announces that on September 16, 2026 (after trading hours), the Huizhou subsidiary (an indirectly wholly-owned subsidiary of the Company) placed a purchase order with the seller to acquire the machinery (10 "JSW" brand magnesium alloy injection molding machines) at a total consideration of 1.0906 billion yen (approximately HK$54.5 million).
The Group principally operates the integrated advanced manufacturing solutions segment, the advanced consumer and industrial products segment, and the medical consumables segment. The machinery is being procured to facilitate the expansion of the Group's manufacturing capabilities in semi-solid magnesium alloy injection molding (which adopts the same business model as the Group's existing integrated advanced manufacturing solutions segment), thereby reducing dependence on any single product category and enabling the Group to effectively leverage its existing industry relationships and market knowledge.
In addition, expanding into semi-solid magnesium alloy injection molding under the existing integrated advanced manufacturing solutions segment complements the Group's existing business in multiple ways and provides opportunities for the Group (including but not limited to retaining existing customers and expanding sales by offering a broader range of products and services and more comprehensive manufacturing services to the Group's existing customer base, as well as supporting the Group in securing additional orders from customers).
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