Core Viewpoint - The company Tsunami Machine Tool China has been actively repurchasing its shares, indicating a strategy to support its stock price amidst recent fluctuations [2]. Share Buyback Summary - On November 25, the company repurchased 100,000 shares at a price range of HKD 31.040 to HKD 31.380, totaling HKD 3.1206 million [2]. - The stock closed at HKD 31.340 on the same day, reflecting a 4.33% increase, with a total trading volume of HKD 69.9112 million [2]. - Since November 20, the company has conducted buybacks for four consecutive days, acquiring a total of 585,000 shares for a cumulative amount of HKD 18.1905 million, despite a 3.57% decline in the stock price during this period [2]. - Year-to-date, the company has executed 56 buybacks, totaling 8.523 million shares and an aggregate amount of HKD 204 million [2]. Detailed Buyback Data - The buyback details include various dates, number of shares repurchased, highest and lowest prices, and total amounts spent, showcasing a consistent effort to stabilize the stock price [3][4].

津上机床中国(01651)发布公告，于2025年11月25日，该公司斥资312.06万港元回购10万股股份，每股回 购价31.04-31.38港元。 ...

智通财经APP讯，津上机床中国(01651)发布公告，于2025年11月25日，该公司斥资312.06万港元回购10 万股股份，每股回购价31.04-31.38港元。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 津上精密機床(中國)有限公司（於開曼群島註冊成立的有限公司） 呈交日期： 2025年11月25日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 01651 | 說明 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | 事件 | | 已發行股份（不包括庫存股份）變動 佔有關事件前的現有已發 | 庫存股份變動 | 每股發行/出售價 (註4) | 已發 ...

Core Viewpoint -津上机床中国 reported strong mid-year performance with significant revenue and profit growth, driven by AI liquid cooling products and a favorable market position in the industry [1] Financial Performance - The total revenue for the first half of the year reached approximately 2.497 billion RMB, representing a year-on-year increase of about 26.2% [1] - Gross profit was around 863 million RMB, with a year-on-year growth of approximately 35.1% [1] - The overall gross margin improved by about 2.5 percentage points from approximately 32.1% in the same period last year to about 34.6% [1] - Net profit amounted to approximately 502 million RMB, reflecting a year-on-year increase of about 47.7% [1] - The company proposed an interim dividend of 0.60 HKD per ordinary share [1] Product and Market Insights - The performance of AI liquid cooling products was highlighted, with sales amounting to approximately 120 million RMB, accounting for 5.2% of domestic sales, serving as a key driver for revenue growth [1] - Direct cooling joints represent 80% of total market demand, with the company's main product, automatic lathes, having a significant competitive advantage in processing [1] - The processing technology for liquid cooling joint products is now largely established, and the industry has entered a phase of bulk equipment procurement [1] - From January to September 2025, the company has signed equipment orders with dozens of clients, representing about 5% of domestic order value, indicating strong future growth potential [1] - The industry is expected to become a major growth driver for the company's performance in the second half of the 2026 fiscal year and into the 2027 fiscal year [1]

Core Viewpoint - Tsugami Machine Tool China reported strong mid-year performance with significant revenue and profit growth, driven by AI liquid cooling products and a favorable market position in the industry [1] Financial Performance - The total revenue for the first half of the year reached approximately 2.497 billion RMB, representing a year-on-year increase of about 26.2% [1] - Gross profit was around 863 million RMB, with a year-on-year growth of approximately 35.1% [1] - The overall gross margin improved by about 2.5 percentage points from approximately 32.1% in the same period last year to about 34.6% [1] - Net profit amounted to approximately 502 million RMB, reflecting a year-on-year increase of about 47.7% [1] - The company proposed an interim dividend of 0.60 HKD per ordinary share [1] Product and Market Insights - The AI liquid cooling segment performed exceptionally well, with sales amounting to approximately 120 million RMB, accounting for 5.2% of domestic sales, serving as a key driver for revenue growth [1] - Direct cooling connectors represent 80% of total market demand, with the company's main product, automatic lathes, having a significant competitive advantage in processing [1] - The processing technology for liquid cooling connector products is largely established, and the industry is entering a phase of bulk equipment procurement [1] - By January to September 2025, the company has signed equipment orders with dozens of clients, representing about 5% of domestic order value, indicating strong future growth potential [1] - The industry is expected to become a major growth driver for the company's performance in the second half of the 2026 fiscal year and into the 2027 fiscal year [1]

Summary of Key Points Core Viewpoint - A total of 36 companies conducted share buybacks on November 24, 2025, with Tencent Holdings (00700) leading in both the number of shares repurchased and the total amount spent on buybacks. Group 1: Buyback Details - Tencent Holdings (00700) repurchased 1.022 million shares for a total of 636 million yuan, representing 0.825% of its total share capital for the year [1][2]. - China COSCO Shipping (01919) repurchased 3 million shares for 40.35 million yuan, accounting for 1.604% of its total share capital [2]. - China International Marine Containers (02039) repurchased 4.8904 million shares for 35.9467 million yuan, which is 1.530% of its total share capital [2]. Group 2: Other Notable Buybacks - China Feihe (06186) repurchased 7.233 million shares for 29.9668 million yuan, representing 1.969% of its total share capital [2]. - Sinopec Limited (00386) repurchased 4.054 million shares for 17.7861 million yuan, which is 0.150% of its total share capital [2]. - Pacific Basin Shipping (02343) repurchased 5 million shares for 12.757 million yuan, accounting for 1.555% of its total share capital [2]. Group 3: Smaller Buybacks - MONGOL MINING (00975) repurchased 390,000 shares for 3.6551 million yuan, which is 0.124% of its total share capital [2]. - Miniso Group (09896) repurchased 866,800 shares for 31.938 million yuan, representing 0.372% of its total share capital [2]. - Weigao Group (01066) repurchased 40,000 shares for 211,600 yuan, accounting for 4.379% of its total share capital [3].

| 日期 | 回购股数（万股） | 回购最高价（港元） | 回购最低价（港元） | 回购金额（万港元） | | --- | --- | --- | --- | --- | | 2025.11.24 | 16.00 | 30.900 | 30.560 | 491.60 | | 2025.11.21 | 15.00 | 30.820 | 30.220 | 457.41 | | 2025.11.20 | 17.50 | 32.000 | 31.660 | 557.97 | | 2025.10.10 | 32.00 | 34.000 | 32.640 | 1064.76 | | 2025.10.09 | 33.00 | 33.980 | 33.400 | 1112.18 | | 2025.09.30 | 35.00 | 32.820 | 31.740 | 1140.12 | | 2025.09.29 | 4.00 | 33.000 | 32.320 | 130.60 | | 2025.09.26 | 15.00 | 31.660 | 30.540 | 465.61 | | 2025.09.23 | 7.00 | 33 ...

津上机床中国(01651)发布公告，于2025年11月24日该公司斥资491.6万港元回购16万股，回购价格为每 股30.56-30.90港元。 ...

智通财经APP讯，津上机床中国(01651)发布公告，于2025年11月24日该公司斥资491.6万港元回购16万 股，回购价格为每股30.56-30.90港元。 （原标题：津上机床中国(01651)11月24日斥资491.6万港元回购16万股） ...