Core Viewpoint - Eagle Precision (01286.HK) reported a total revenue of HKD 3.8107 billion for the nine months ending September 30, 2025, representing a year-on-year growth of 6.8% [1] - The company achieved a third-quarter revenue of HKD 1.3608 billion, marking a year-on-year increase of 16.8% [1] Group 1: Sales Performance - The company experienced robust sales performance in the third quarter despite ongoing global economic fluctuations due to uncertainties in U.S. tariff policies and geopolitical tensions [1] - Sales in diversified industrial sectors, as well as aviation, medical, and energy segments, demonstrated strong resilience [1] - Notably, sales in AI-related end markets, such as high-power engines and other diversified industrial sectors, were particularly impressive in the third quarter [1] Group 2: Market Segments - Sales in the leisure and entertainment vessels and vehicles, along with medical end markets, saw significant year-on-year increases in the third quarter [1] - All end markets, except for the automotive sector, experienced accelerated sales growth in the third quarter [1] Group 3: Future Outlook - The company forecasts a year-on-year sales growth rate in the high single to double digits for the full year of 2025 [1]

Core Viewpoint - Eagle Precision (01286) reported a revenue of approximately HKD 1.361 billion for Q3 2025, representing a year-on-year increase of 16.8%, and a total revenue of about HKD 3.811 billion for the first three quarters, reflecting a 6.8% year-on-year growth [1] Group 1: Sales Performance - The company achieved robust sales performance in Q3 despite global economic fluctuations due to uncertainties in US tariff policies and geopolitical tensions [1] - Sales in diversified industrial sectors, as well as aviation, medical, and energy segments, demonstrated strong resilience [1] - Sales in terminal markets related to artificial intelligence, such as high-power engines and other diversified industrial products, were particularly impressive in Q3 [1] Group 2: Market Segments - Sales in the leisure and entertainment vessels and vehicles, as well as medical terminal markets, saw significant year-on-year increases in Q3 [1] - All terminal markets, except for the automotive sector, experienced accelerated sales growth in Q3 [1] Group 3: Future Outlook - The company forecasts a year-on-year sales growth rate for the entire year of 2025 to reach high single digits to double digits [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 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 或任何部分內容所產生或因依賴該等內容而引致的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） 建議終止現有購股權計劃及 採納新購股權計劃 於二零二五年十月二十八日，董事會已議決建議終止現有購股權計劃及採納新購 股權計劃，以供股東於股東特別大會上批准。 一般事項 一份載有（ 其中包括 ）有關建議終止現有購股權計劃及採納新購股權計劃之詳情及 召開股東特別大會之通告之通函將適時寄發予股東。 釋義 建議終止現有購股權計劃 現有購股權計劃之採納日期為二零一八年六月十五日。根據其條款，現有購股權 計 劃 有 效 期 為 十 年 ， 即 直 至 二 零 二 八 年 六 月 十 四 日 。 自 採 納 現 有 購 股 權 計 劃 以 來，概無任何購股權獲授予，且考慮到二零二三年一月 ...

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 所 產 生 或 因 依 賴 該 等 內 容 而 引 致 的 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） 二 零 二 五 年 第 三 季 度 業 務 及 未 經 審 核 財 務 資 料 鷹 普 精 密 工 業 有 限 公 司（「本 公 司」，連 同 其 附 屬 公 司 統 稱「本 集 團」或「鷹 普」） 發 出 此 公 告，內 容 有 關 本 集 團 截 至 二 零 二 五 年 九 月 三 十 日 止 三 個 月 及 九 個 月 之 業 務 營 運 及 選 定 之 未 經 審 核 財 務 資 料。 本 公 司 董 事 會 認 為 刊 發 最 新 季 度 銷 售 表 現 與 國 際 ...

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9月30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: 2025年10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 ...

Core Viewpoint - Eagle Precision (01286) experienced a significant stock price increase, reaching a historical high of 4.46 HKD, driven by positive news regarding the impact of additional tariffs on its business operations [1] Group 1: Stock Performance - The stock rose over 10% in early trading, peaking at 4.46 HKD, and was reported at 4.4 HKD with a trading volume of 11.96 million HKD at the time of writing [1] Group 2: Tariff Impact - The company announced that the impact of additional tariffs is not as extensive as previously indicated, as most U.S. clients have agreed to bear all or most of the new tariffs [1] - Certain products previously included in the new tariff list were confirmed to be exempt from additional tariffs due to the absence of steel and aluminum components [1] - The U.S. had announced an expansion of steel and aluminum tariffs on August 15 [1] Group 3: Business Outlook - According to a report from Xingzheng International, Eagle Precision's products are utilized across various industries, including high-horsepower engines, construction machinery, agricultural machinery, recreational boats, passenger vehicles, commercial vehicles, aerospace, energy, and medical sectors, with overall demand showing steady growth [1] - The demand for high-horsepower engines and robotics is particularly strong, contributing to higher profit margins [1] - The company provides sand-cast engine blocks for high-horsepower engines to clients such as Caterpillar and Cummins, with related business revenue increasing by 48.3% year-on-year to 530 million CNY, accounting for 21.8% of total revenue [1] - Eagle Precision has entered the supply chain for the Da Vinci surgical robot and is in discussions with overseas humanoid robot companies to enhance long-term growth potential [1]

Core Viewpoint - Eagle Precision (01286) experienced a significant stock price increase, reaching a historical high of 4.46 HKD, driven by positive news regarding the impact of additional tariffs on its operations [1] Group 1: Company Performance - Eagle Precision's stock rose over 10% in early trading, with a current price of 4.4 HKD and a trading volume of 11.96 million HKD [1] - The company announced that the impact of additional tariffs is not as extensive as previously reported, as most U.S. clients have agreed to bear all or most of the new tariffs [1] - Certain products previously included in the new tariff list were confirmed to be exempt from additional tariffs due to the absence of steel and aluminum components [1] Group 2: Industry Demand - According to a report from Xingzheng International, Eagle Precision's products are utilized across various industries, including high-horsepower engines, construction machinery, agricultural machinery, recreational boats, passenger vehicles, commercial vehicles, aerospace, energy, and medical sectors, with overall demand showing steady growth [1] - The demand for high-horsepower engines and robotics is particularly strong, contributing to higher profit margins [1] - Revenue from high-horsepower engine sand-casting cylinder blocks, supplied to companies like Caterpillar and Cummins, increased by 48.3% year-on-year to 530 million CNY, accounting for 21.8% of total revenue [1] - The company has 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]

Core Viewpoint - Eagle Precision is recognized as a top 10 global manufacturer of high-precision, complex, and high-performance castings and machined components, with a strong focus on overseas markets and a commitment to shareholder returns through dividends [1][2]. Group 1: Company Overview - Established in 1998 in Wuxi, China, Eagle Precision moved its headquarters to Hong Kong in 2011, providing a comprehensive range of services including R&D, mold design and manufacturing, casting, heat treatment, secondary machining, and surface treatment [2]. - The company is positioned among the top 10 global manufacturers in its sector, emphasizing its capabilities in high-precision and complex components [2]. Group 2: Global Capacity and Production - As of the end of 2024, the company operates 21 factories across China, Turkey, Germany, Czech Republic, and Mexico, with the Mexican facility gradually ramping up production to support North American orders [3]. - The proximity of the Mexican factory allows the company to benefit from USMCA tariff advantages for exports to the US and Canada, contributing to long-term performance growth [3]. Group 3: Revenue and Market Presence - The company has a high proportion of overseas revenue, with 47.3% of its income coming from the Americas (40.8% from the US), 29.9% from Europe, and 22.8% from Asia (20.7% from China) as of the first half of 2025 [4]. - Eagle Precision serves over 1,000 clients globally, including major corporations like Bosch, Caterpillar, Cummins, Honeywell, and Parker Hannifin, indicating strong market penetration and customer loyalty [4]. Group 4: Industry Demand and Growth Potential - The company's products cater to various industries, including high-horsepower engines, construction machinery, agricultural machinery, recreational boats, passenger vehicles, commercial vehicles, aerospace, energy, and medical sectors, with a notable demand increase in high-horsepower engines and robotics [5]. - In the first half of 2025, revenue from high-horsepower engine-related business grew by 48.3% year-on-year to 530 million yuan, accounting for 21.8% of total revenue [5]. - The company is also entering the supply chain for Da Vinci surgical robots and is in discussions with overseas humanoid robot companies, enhancing its long-term growth prospects [5].

Core Viewpoint - Eagle Precision is recognized as a top 10 global manufacturer of high-precision, high-complexity, and high-performance castings and machined components, with a strong focus on overseas markets and a commitment to shareholder returns through dividends [1][2]. Group 1: Company Overview - Established in 1998 in Wuxi, China, Eagle Precision moved its headquarters to Hong Kong in 2011, providing a comprehensive range of services including R&D, mold design and manufacturing, casting, heat treatment, secondary machining, and surface treatment [2]. - The company has a global production capacity with 21 factories located in China, Turkey, Germany, Czech Republic, and Mexico, with the Mexican facility gradually ramping up production to support North American orders [3]. Group 2: Financial Performance and Projections - Eagle Precision's projected net profits for the years 2025 to 2027 are estimated at HKD 721 million, HKD 828 million, and HKD 931 million, reflecting year-on-year growth rates of 11.9%, 14.9%, and 12.4% respectively, with corresponding price-to-earnings ratios of 9.8x, 8.5x, and 7.6x [1]. Group 3: Market Position and Customer Base - The company has a high overseas revenue share, with 47.3% of its income coming from the Americas (40.8% from the U.S.), 29.9% from Europe, and 22.8% from Asia (20.7% from China) as of the first half of 2025 [4]. - Eagle Precision serves over 1,000 customers across more than 30 countries, including major corporations like Bosch, Caterpillar, Cummins, Honeywell, and Parker Hannifin, benefiting from strong pricing power due to the low cost share of its components in end products [4]. Group 4: Industry Demand and Growth Potential - The company's products cater to various industries, including high-horsepower engines, construction machinery, agricultural machinery, recreational boats, passenger vehicles, commercial vehicles, aerospace, energy, and medical sectors, with significant growth in high-margin segments like high-horsepower engines and robotics [5]. - In the first half of 2025, revenue from high-horsepower engine-related business increased by 48.3% year-on-year to HKD 530 million, accounting for 21.8% of total revenue, indicating strong demand in this segment [5].

Summary of the Conference Call for Yingpu Precision Industry and Company Overview - **Company**: Yingpu Precision - **Industry**: Manufacturing, specifically in components for heavy-duty engines, surgical robots, and liquid cooling systems Key Points and Arguments 1. **Impact of US Tariffs**: The 50% tariffs on steel and aluminum products in the US have a smaller-than-expected impact on Yingpu Precision. Most customers have agreed to bear the additional tariffs, and some products do not incur tariffs due to their material composition [2][4][6] 2. **Sales and Growth in Heavy-Duty Engines**: Heavy-duty engine sales increased by 48% year-on-year in the first half of the year, with expected annual revenue of HKD 1.1 to 1.2 billion. The new engine factory in Mexico is expected to contribute significantly to future growth [5][16] 3. **Trade Terms Adjustment**: Yingpu Precision is shifting trade terms from DDP (Delivered Duty Paid) to FOB/FCA (Free on Board/Free Carrier) to allow customers to negotiate tariff exemptions directly with the US government [2][8][9] 4. **Financial Performance**: As of August, savings in financial expenses have offset the additional export costs to the US. The Mexican factory is expected to significantly increase sales and cover half of the demand in the Americas within three years [11][12] 5. **Market Share and Competition**: The company is gaining market share in the heavy-duty engine cylinder block sector, benefiting from delivery capabilities and pricing advantages over German competitors [5][18][19] 6. **Client Relationships**: Major clients like Caterpillar and Cummins prefer outsourcing to Yingpu Precision to improve ROI and production efficiency, rather than expanding their own production [20][36] 7. **Future Revenue Growth**: The company anticipates a return to an average annual growth rate of around 15% over the next few years, driven by various market segments and the expansion of the Mexican project [37] 8. **Product Development**: The company is developing new components for surgical robots, with expectations for mass production in two to three years. The medical segment has seen sales growth this year [23][25] 9. **Aerospace Sector**: The aerospace segment is expected to grow significantly, although the company currently holds a market share of less than 1% [24] 10. **Liquid Cooling Business**: The liquid cooling segment is projected to perform well, with high profit margins, especially in the aerospace and medical fields [26][27] Additional Important Information - **Tariff Exemptions**: Some large US companies are applying for tariff exemptions, which could benefit Yingpu Precision if they can prove the inability to find alternative suppliers [9] - **Cost Structure**: The cost dynamics in Mexico differ from China, with challenges in labor productivity and the need for employee training [30] - **Dividend Policy**: The company aims for stable dividends, with potential increases post the profitability of the Mexican factory [28] - **Future Product Lines**: The energy sector is expected to see growth, particularly in gas turbine products, with anticipated revenues of USD 10 to 20 million over the next few years [39][42] This summary encapsulates the key insights from the conference call, highlighting the company's strategic responses to market challenges and growth opportunities across various sectors.