Zhitong Finance App News, Tianchang Group (02182) issued an announcement. As the Group continues to expand its capabilities in advanced materials, precision manufacturing and new product applications, the board of directors of the company plans to further explain the Group's long-term development positioning and related strategic direction as an “integrated advanced manufacturing platform”.
Over the years, the Group has continued to develop core capabilities in product design and engineering development, precision mold design and manufacturing, precision injection molding, surface treatment and color, materials and surface treatment processes, automated assembly, process engineering and manufacturing services, forming a comprehensive manufacturing system covering product development to mass production.
In the field of precision mold design and manufacturing, the Group has accumulated rich technical expertise. Its relevant precision molds and injection molding capabilities can meet the H-grade requirements for high-precision plastic molded parts under GB/T 47067-2026 “Plastic Molded Parts - Tolerances and Acceptance Conditions”. With the above engineering and manufacturing foundation, the Group has also provided global brand customers with services covering engineering development and mold design to precision manufacturing and mass production for many years.
Therefore, the Board of Directors believes that the Group's core competitiveness does not depend on any single product or industry, but rather its ability to integrate engineering, manufacturing and mass production capabilities and apply them flexibly according to the needs of different customers and products.
Based on the above technology and manufacturing foundation, the Group has adopted an “integrated advanced manufacturing platform” as its long-term development position. The Group plans to continue to enhance its engineering technology and advanced materials capabilities while expanding cross-industry applications in order to gradually establish a more balanced and diversified business portfolio and enhance its overall business resilience and long-term competitiveness.
The Group's existing engineering and manufacturing capabilities have been applied to various product fields, including consumer electronics, office furniture, communications products, automotive products, solar systems and other product categories. As a technical extension of the Group's integrated advanced manufacturing platform, the Group is developing new capabilities for magnesium Thixomolding (semi-solid magnesium alloy injection molding platform) to further expand its advanced materials and lightweight manufacturing capabilities. To support the development of the Group's integrated advanced manufacturing platforms, in particular the development of the Magnesium Thixomolding (Magnesium Thixomolding) platform, the Group is setting up a new manufacturing facility in Huizhou, Guangdong Province, China.
The board of directors believes that continuously improving the Group's core manufacturing capabilities, technology platforms and cross-industry applications will help enhance the Group's long-term competitiveness and business resilience, establish a more stable and sustainable development foundation, and create long-term value for shareholders.