Core Viewpoint - Tian Gong International (00826) has established a joint venture, Jiangsu Tiangong Titanium Crystal New Materials Co., Ltd., focusing on advanced powder materials, particularly in additive manufacturing and 3D printing, aiming to fill the domestic gap in high-end titanium alloy powder materials [1] Group 1: Joint Venture Details - The joint venture was signed on August 22, 2025, with a registered capital of 100 million yuan, where Tian Gong Technology holds a 60% stake by investing 60 million yuan [1] - The joint venture has already completed its business registration and obtained a business license on the same day [1] Group 2: Market Focus and Opportunities - The joint venture will focus on the powder new materials sector, which includes applications in aerospace, medical devices, and other markets, indicating a strategic entry into a new business area for Tian Gong Technology [1] - The establishment of the joint venture is expected to facilitate the company's expansion into titanium alloys and other metal powder fields, potentially achieving import substitution in high-end titanium alloy powder materials [1] - Titanium alloy powder materials have significant market potential in consumer electronics, aerospace, and medical devices, positioning the joint venture at the forefront of metal material preparation technology [1]

Core Viewpoint - Tian Gong International (00826) has established a joint venture in the titanium powder materials sector, aiming to fill domestic gaps and promote import substitution in high-end titanium alloy powder materials [1] Group 1: Joint Venture Details - The joint venture, Jiangsu Tiangong Titanium Crystal New Materials Co., Ltd., was formed with Tian De Investment, Long Hai Ming, and Nantong Xiehui Investment, with a registered capital of 100 million yuan [1] - Tian Gong Technology holds a 60% stake in the joint venture, contributing 60 million yuan, and the business registration has been completed [1] Group 2: Market Focus and Opportunities - The joint venture will focus on powder new materials, including additive manufacturing and 3D printing materials, which are at the forefront of metal material preparation technology [1] - The target markets for the joint venture include aerospace and medical devices, indicating a broad application scope for titanium alloy powder materials [1] Group 3: Strategic Implications - The establishment of the joint venture is expected to enhance the company's market space by leveraging technological advantages and aligning with downstream industry trends [1] - The joint venture aims to address the domestic demand for high-end titanium alloy powder materials, which currently has significant market potential in consumer electronics, aerospace, and medical devices [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或 因倚賴該等內容而引致之任何損失承擔任何責任。 Tiangong International Company Limited 天 工 國 際 有 限 公 司 * （於開曼群島註冊成立之有限公司） （股份代號：826） 承董事會命 主席 朱小坤 香港，二零二五年八月二十二日 於本公告日期，本公司董事為： 執行董事：朱小坤、朱澤峰、吳鎖軍及蔣光清 獨立非執行董事：李卓然、王雪松及秦珂 * 僅供識別 证券代码:920068 证券简称:天工股份 == 海 外 監 管 公 告 本公告乃根據香港聯合交易所有限公司證券上市規則第 13.10B 條而作出。 茲載列江蘇天工科技股份有限公司（「天工股份」）（本公司之附屬公司）於北京証券 交易所網站刊登日期為二零二五年八月二十二日的「關於對外投資設立合資公司的公 告」，僅供參閱。 公告编号:2025-054 江苏天工科技股份有限公司 关于对外投资设立合资公司的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整,没 ...

截至2024年年报，天工国际营业总收入48.32亿元、净利润3.59亿元。 8月20日，天工国际(00826)盘中上涨3.92%，截至11:53，报2.65元/股，成交3.0亿元。 天工国际有限公司是中国知名的高速钢、模具钢等新材料和切削刀具生产制造商，旗下产品包括高合金 高速工具钢、硬质合金、粉末冶金钢等，广泛应用于航空、汽车、海洋、高速列车及石油化工、机械加 工等领域。公司已经成功构建了从熔炼、重熔、锻造、冷轧热轧、拉拔拉轧到深加工以及钢水喷射成 型、金属粉末制取、热等静压等完整的生产链，其产量连续多年位居中国乃至世界前列，且在美国、印 度、捷克、土耳其、加拿大、意大利等国家和地区设有国际销售分公司。 本文源自：金融界 作者：行情君 8月25日，天工国际将披露2025财年中报。 ...

天工国际(00826)早盘再涨超16%，近三个交易日最大累计涨幅超30%。 国盛证券则指出，针对当前国外高端丝杠材料，天工国际现有的粉末材料 TPM330 可直接对标进口产 品。此外，公司在 2024 年已经获得来自北美金属 3D 打印产业领军企业的订单，且已在 2024 年进入前 期供货阶段，验证了公司钛材的市场竞争力。该行预计公司钛合金业务未来有望在航空航天、医疗器械 等领域快速成长。 本文源自：智通财经网 东北证券此前发布研报称，粉末高速钢在硬度、韧性、抗弯强度等综合力学性能上是传统工模具钢的两 倍到五倍，下游覆盖航空航天、汽车制造等领域。在人形机器人领域，行星滚柱丝杠是机器人"关节"的 核心部件。粉末冶金材料兼顾高硬度、耐磨耐冲击且高温稳定等特点，是丝杠的理想材料。 消息面上，今年5月，天工国际控股子公司天工股份与航天精工研究院进行合作洽谈，成功签署《民机 及无人机紧固件用TC4钛合金盘圆丝材联合开发协议》。今年7月，天工国际自主研发的高氮合金材料 TPMDC02A成功通过技术验证并正式交付润孚动力，将用于行星滚柱丝杠的生产制作。此外，该材料 凭借高强、高韧、高耐蚀、高耐磨和抗疲劳等多重优势，已陆续交 ...

Core Viewpoint - Tian Gong International (00826) has seen a significant stock price increase, with a rise of over 16% in the morning session and a cumulative increase of over 30% in the last three trading days [1][2] Group 1: Company Developments - Tian Gong International's subsidiary, Tian Gong Co., successfully signed a joint development agreement for TC4 titanium alloy wire materials for civil aircraft and drones with the Aerospace Precision Institute in May [1] - The company’s self-developed high-nitrogen alloy material, TPMDC02A, passed technical validation and was officially delivered to Runfu Power in July, intended for the production of planetary roller screws [1] - The high-nitrogen alloy material has been delivered for testing in various sectors, including medical devices, high-end tools, and marine engineering, due to its multiple advantages such as high strength, toughness, corrosion resistance, wear resistance, and fatigue resistance [1] Group 2: Market Position and Future Prospects - According to Northeast Securities, powder high-speed steel exhibits mechanical properties that are two to five times superior to traditional tool steels, with applications in aerospace and automotive manufacturing [1] - In the humanoid robotics sector, planetary roller screws are identified as core components of robot "joints," and powder metallurgy materials are deemed ideal due to their high hardness, wear resistance, impact resistance, and thermal stability [1] - Guosheng Securities noted that Tian Gong International's existing powder material, TPM330, can directly compete with imported products in the high-end screw material market [2] - The company has secured orders from a leading North American metal 3D printing enterprise for 2024 and has entered the initial supply phase, validating the market competitiveness of its titanium materials [2] - The titanium alloy business is expected to grow rapidly in the aerospace and medical device sectors [2]

Core Viewpoint - Tian Gong International (00826) has shown a positive market performance with a 3.02% increase in stock price, reaching HKD 2.39 per share, and a trading volume of HKD 303 million as of August 18 [1] Company Overview - Tian Gong International Limited is a prominent manufacturer of new materials and cutting tools in China, specializing in high-speed steel, tool steel, and other products [1] - The company's product range includes high-alloy high-speed tool steel, cemented carbide, and powder metallurgy steel, which are widely used in various industries such as aviation, automotive, marine, high-speed rail, petrochemical, and machinery processing [1] - The company has established a complete production chain that includes smelting, remelting, forging, cold and hot rolling, drawing, deep processing, steel water jet forming, metal powder production, and hot isostatic pressing [1] - Tian Gong International has consistently ranked among the top producers in China and globally, with international sales subsidiaries in countries such as the United States, India, Czech Republic, Turkey, Canada, and Italy [1] Financial Performance - As of the 2024 annual report, Tian Gong International reported total revenue of HKD 4.832 billion and a net profit of HKD 359 million [1] Upcoming Events - Tian Gong International is scheduled to disclose its interim report for the fiscal year 2025 on August 25 [2]

Group 1 - The core viewpoint of the article highlights the significant stock price increase of Tian Gong International, which rose by 9.91% to 2.55 CNY per share, with a trading volume of 70.9 million CNY on August 18 [1] - Tian Gong International is a well-known manufacturer of high-speed steel, tool steel, and other new materials, with products widely used in various industries such as aviation, automotive, marine, high-speed rail, and petrochemicals [1] - The company has established a complete production chain, including processes from smelting to deep processing, and has consistently ranked among the top in production volume both in China and globally [1] Group 2 - As of the 2024 annual report, Tian Gong International reported total revenue of 4.832 billion CNY and a net profit of 359 million CNY [1] - The company has international sales subsidiaries in countries such as the United States, India, Czech Republic, Turkey, Canada, and Italy, indicating a strong global presence [1] - Tian Gong International is set to disclose its mid-year report for the fiscal year 2025 on August 25 [2]

Key Points - The top three companies with net inflows from southbound funds are Xinda Biopharmaceutical (01801) with 835 million, China Life (02628) with 403 million, and AIA Insurance (01299) with 373 million [1][2] - The top three companies with net outflows are the Tracker Fund of Hong Kong (02800) with -6.679 billion, Hang Seng China Enterprises (02828) with -2.584 billion, and Anta Sports (02020) with -782 million [1][2] - In terms of net inflow ratio, Canggang Railway (02169) leads with 66.05%, followed by Bosideng (03998) with 49.50%, and Zhengzhou Bank (06196) with 48.61% [1][2] - The companies with the highest net outflow ratios include Skyworth Group (00751) at -52.19%, Anta Sports (02020) at -50.20%, and Ruipu Lanjun (00666) at -44.79% [1][2] Net Inflow Rankings - The top ten companies by net inflow include: - Xinda Biopharmaceutical (01801) with 835 million and a closing price of 95.000 (+8.82%) [2] - China Life (02628) with 403 million and a closing price of 22.800 (+0.71%) [2] - AIA Insurance (01299) with 373 million and a closing price of 76.400 (+3.03%) [2] - Other notable companies include Ideal Automotive (02015) with 365 million and a closing price of 97.150 (+3.30%) [2] Net Outflow Rankings - The top ten companies by net outflow include: - Tracker Fund of Hong Kong (02800) with -6.679 billion and a closing price of 26.080 (+2.35%) [2] - Hang Seng China Enterprises (02828) with -2.584 billion and a closing price of 93.760 (+2.76%) [2] - Anta Sports (02020) with -782 million and a closing price of 90.000 (+0.22%) [2] - Other significant outflows include Alibaba (09988) with -267 million and a closing price of 123.700 (+6.09%) [2] Net Inflow Ratio Rankings - The top companies by net inflow ratio include: - Canggang Railway (02169) with 66.05% and a closing price of 1.310 (-0.76%) [3] - Bosideng (03998) with 49.50% and a closing price of 4.600 (+0.66%) [3] - Zhengzhou Bank (06196) with 48.61% and a closing price of 1.410 (-2.08%) [3] Net Outflow Ratio Rankings - The top companies by net outflow ratio include: - Skyworth Group (00751) with -52.19% and a closing price of 3.260 (+1.24%) [3] - Anta Sports (02020) with -50.20% and a closing price of 90.000 (+0.22%) [3] - Ruipu Lanjun (00666) with -44.79% and a closing price of 12.160 (+5.28%) [3]

天工国际有限公司是中国知名的高速钢、模具钢等新材料和切削刀具生产制造商，旗下产品包括高合金 高速工具钢、硬质合金、粉末冶金钢等，广泛应用于航空、汽车、海洋、高速列车及石油化工、机械加 工等领域。公司已经成功构建了从熔炼、重熔、锻造、冷轧热轧、拉拔拉轧到深加工以及钢水喷射成 型、金属粉末制取、热等静压等完整的生产链，其产量连续多年位居中国乃至世界前列，且在美国、印 度、捷克、土耳其、加拿大、意大利等国家和地区设有国际销售分公司。 本文源自：金融界 作者：行情君 截至2024年年报，天工国际营业总收入48.32亿元、净利润3.59亿元。 8月15日，天工国际(00826)盘中上涨10.33%，截至15:50，报2.35元/股，成交2.69亿元。 ...