The Zhitong Finance App learned that Tsugami Machine Tool China (01651) rose nearly 4% at the end of the session. As of press release, it had risen 3.35% to HK$58.65, with a turnover of HK$369.46,500.

According to the news, Tsugami Machine Tool China announced its annual results for 2026 up to the end of March at the end of last month. Revenue was about 5.184 billion yuan, up 21.6% year on year; net profit reached 1,094 billion yuan, up 39.9% year on year. According to the data, in the second half of the 2026 fiscal year, China's revenue was 2,687 billion yuan, an increase of 17.6% year-on-year, and 7.6% month-on-month on top of the record high in the first half of the fiscal year.

Haitong International released a research report saying that in fiscal year 2027, the company expects capital expenditure of 200 million yuan, mainly including equipment updates and new plant construction. Among them, the sixth plant of the new Pinghu plant is expected to be put into operation in January 2028, and the bank is expected to increase equipment assembly capacity by 3,000 units/year, which is expected to account for 20% of the company's current production capacity. The bank believes that the company's production capacity is tight and there is an urgent need to break through production capacity bottlenecks. Currently, the precision machine tool industry is booming, and the company's leading position is stable.

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