股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 鷹普精密工業有限公司 呈交日期: 2026年2月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01286 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 13,500,000,000 | HKD | | 0.1 | HKD | | 1,350,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 13,500,000,000 | HKD | | 0.1 | HKD | | 1,350,000,000 | 本月底法 ...

香港联交所最新数据显示，1月23日，Mitsubishi UFJ Financial Group， Inc．增持鹰普精密（01286） 164.6万股 ，每股作价6.5858港元，总金额约为1084.02万港元。增持后最新持股数目为9442.4万股，持 股比例为5%。 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 香港联交所最新数据显示，1月23日，Mitsubishi UFJ Financial Group， Inc．增持鹰普精密（01286） 164.6万股 ，每股作价6.5858港元，总金额约为1084.02万港元。增持后最新持股数目为9442.4万股，持 股比例为5%。 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 ...

Group 1 - Mitsubishi UFJ Financial Group, Inc. increased its stake in Eagle Precision (01286.HK) by acquiring 1.646 million shares at an average price of HKD 6.5858 per share, totaling approximately HKD 10.84 million [1] - Following the acquisition, Mitsubishi UFJ Financial Group, Inc.'s total shareholding reached 94.424 million shares, raising its ownership percentage from 4.91% to 5.00% [1][2]

Group 1 - Mitsubishi UFJ Financial Group, Inc. increased its stake in Eagle Precision (01286) by acquiring 1.646 million shares at a price of 6.5858 HKD per share, totaling approximately 10.84 million HKD [1] - Following the acquisition, Mitsubishi UFJ's total shareholding in Eagle Precision reached 94.424 million shares, representing a 5% ownership stake [1]

Core Viewpoint - Eagle Precision (01286) has seen its stock price rise over 12%, reaching a new high of 7.17 HKD since its listing, driven by the demand surge in AI data centers and related power shortages in the U.S. [1] Industry Insights - The rapid development of AI is expected to significantly increase electricity consumption, leading to sustained high demand for electrical equipment. Key focus areas include transformers and gas turbines, particularly in developed markets like Europe and the U.S., which exhibit high profitability and entry barriers. Companies with superior channel resources and technological capabilities are likely to benefit greatly [1][1][1]. Company Performance - Eagle Precision's products are utilized across various sectors, including high-power engines, construction machinery, agricultural machinery, recreational boats, passenger vehicles, commercial vehicles, aviation, energy, and healthcare. The overall demand is steadily increasing, with high profitability observed in segments like high-power engines and robotics [1][1]. - The demand for high-power engines has been boosted by AIDC, with the company providing sand-cast engine blocks to major clients like Caterpillar and Cummins. In the first half of 2025, revenue from this segment is projected to grow by 48.3% year-on-year to 530 million CNY, accounting for 21.8% of total revenue [1][1]. - The company has also entered the supply chain for Da Vinci surgical robots and is in discussions with overseas humanoid robot companies, enhancing its long-term growth potential [1][1].

Core Viewpoint - Eagle Precision (01286) has seen its stock price rise over 12%, reaching a new high of 7.17 HKD since its listing, driven by the demand surge in AI data centers and related power shortages in the U.S. [1] Group 1: Market Trends - The AI data center (AIDC) and electricity shortages are identified as core investment themes leading up to 2026, with expectations of increased electricity consumption due to rapid global AI development [1] - Global demand for electrical equipment is anticipated to remain high, particularly in developed markets like Europe and the U.S., which exhibit characteristics of high profitability and high barriers to entry [1] Group 2: Company Performance - Eagle Precision's products are utilized across various sectors, including large horsepower engines, construction machinery, agricultural machinery, recreational boats, passenger vehicles, commercial vehicles, aviation, energy, and medical industries, with overall demand showing steady growth [1] - The company reported a 48.3% year-on-year revenue increase in its large horsepower engine segment for the first half of 2025, amounting to 530 million CNY, which constitutes 21.8% of its total revenue [1] - Eagle Precision has entered the supply chain for Da Vinci surgical robots and is in discussions with overseas humanoid robot companies, indicating potential for long-term growth [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 鷹普精密工業有限公司 呈交日期: 2026年1月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01286 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 13,500,000,000 | HKD | | 0.1 | HKD | | 1,350,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 13,500,000,000 | HKD | | 0.1 | HKD | | 1,350,000,000 | 本月底 ...

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 的 內 容 概 不 負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或 任何部分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。 IMPRO PRECISION INDUSTRIES LIMITED 鷹 普 精 密 工 業 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1286） 於二零二五年十二月三十日舉行的股東特別大會的 投票表決結果 董事會欣然宣佈，於股東特別大會提呈的普通決議案已獲股東以投票表決方式 正式批准。 茲提述本公司於二零二五年十二月九日刊發的通函（「通函」）及於二零二五年十二 月 九 日 刊 發 的 股 東 特 別 大 會 通 告（「 通 告 」）所 載 的 普 通 決 議 案 。 除 文 義 另 有 所 指 外，本公告所用詞彙與通函及通告所界定者具有相同涵義。 股東特別大會的投票表決結果 根據上市規則，於本公司股東大會上進行的投票必須以投票表決方式進行，惟大 會 主 席 可 真 誠 准 許 就 純 粹 與 程 序 或 行 政 事 宜 ...

Core Insights - The mechanical industry is showing signs of recovery after three years of stagnation, with nominal GDP growth beginning to rise since Q4 2024, positively impacting the mechanical sector [17] - Domestic demand is weak while external demand is strong, particularly in the engineering machinery sector, where exports are gradually increasing due to improvements in the European and American markets [17][19] - The investment landscape is shifting towards overseas expansion and new industries, with a focus on automation and sectors supported by government subsidies [17][19] Industry Overview - The mechanical industry is experiencing a dual trend of weak domestic demand and strong external demand, with engineering machinery showing signs of recovery but still facing a fragile foundation [17] - Domestic investment in real estate continues to decline, with a 14.7% year-on-year drop in real estate development investment from January to October 2025, while infrastructure investment growth has also slowed significantly [19][23] - The overall investment environment is expected to stabilize as the gap between domestic and foreign demand narrows, with structural opportunities in infrastructure projects like water conservancy and high-standard farmland construction [23] 2026 Domestic Outlook - The investment gap is expected to narrow, with infrastructure investment declining from high levels and real estate investment under pressure, leading to a focus on structural opportunities [19][23] - Manufacturing investment is crucial, with the core focus on PPI and inventory levels, as domestic manufacturing orders remain sluggish [26][28] - The expectation is that PPI will improve in 2026, driven by factors such as reduced internal competition and improved domestic demand [28] 2026 Overseas Outlook - The downward trend in interest rates is a significant macro narrative, with the U.S. and Europe entering a phase of fiscal expansion, which is expected to benefit Chinese manufacturing [29][38] - The global inventory levels are at historical lows, which could lead to a new investment cycle as demand recovers [35] - The second wave of globalization for Chinese manufacturing is anticipated, driven by fiscal expansion in the U.S. and Europe, and a recovery in industrial product demand [38][40] Stock Selection Strategy - The stock selection strategy for 2026 focuses on two main themes: benefiting from overseas expansion and new industries, particularly in sectors like engineering machinery and specialized equipment [44] - Key sectors include engineering machinery, shipbuilding, and high-tech equipment, with a focus on companies that are expected to maintain stable performance and low valuations [44] - Emerging industries such as AI equipment, lithium battery production, and semiconductor manufacturing are highlighted as areas of significant opportunity [44][45] Investment Recommendations - Recommended stocks include SANY Heavy Industry, XCMG, and China Shipbuilding, which are expected to perform well in the current market environment [7] - Companies in the AI and semiconductor sectors, such as Longchuan Technology and Zhongwei Company, are also recommended due to their growth potential [7] - Future-oriented assets like humanoid robots and controllable nuclear fusion are noted as areas to watch for significant industry changes [7][45]

Core Viewpoint - Eagle Precision (01286) has seen a stock price increase of 6.54%, currently trading at 5.05 HKD, with a trading volume of 11.97 million HKD, driven by accelerated overseas gas turbine expansion and anticipated demand for related components [2][5]. Industry Insights - Tianfeng Securities projects that global gas turbine supply will reach 87 GW by 2027, with a net increase of 26 GW, indicating a supply-demand gap compared to ENR's forecast of an average of over 100 GW annually from 2026 to 2035 [2][5]. - The firm believes that overseas gas turbine companies will need to continue expanding production after 2027, which is expected to benefit Chinese component manufacturers [2][5]. - Huaxi Securities also supports the view that leading domestic gas turbine technology companies will benefit from the overseas demand spillover, with orders likely to continue materializing [2][5]. Company Analysis - Eagle Precision is recognized as one of the top 10 global manufacturers of high-precision, complex, and high-performance castings and machined components [2][5]. - The company has a global production capacity, with its Mexico plant gradually ramping up output [2][5]. - A high proportion of Eagle Precision's revenue comes from overseas markets, with smooth tariff transmission to U.S. clients [2][5]. - The growing demand from sectors such as high-power engines and robotics is expected to enhance the company's performance potential [2][5].