Core Viewpoint - Tian Gong International (00826) is experiencing a significant stock price increase, attributed to the upcoming board meeting to discuss mid-term performance and the establishment of a joint venture in advanced materials [1] Group 1: Stock Performance - Tian Gong International's stock rose over 14% in the morning session, currently up 13.39% at HKD 2.88, with a trading volume of HKD 276 million [1] Group 2: Corporate Developments - The company plans to hold a board meeting on August 25 to consider and approve its mid-term performance [1] - Tian Gong International's subsidiary, Jiangsu Tian Gong Technology Co., Ltd., signed a joint venture agreement on August 22, 2025, with Tian De Investment (Nantong) Co., Ltd., Long Hai Ming, and Nantong Xie Hui Investment Co., Ltd. to establish Jiangsu Tian Gong Titanium Crystal New Materials Co., Ltd. [1] - The registered capital of the joint venture is set at RMB 100 million, with Tian Gong Technology contributing RMB 60 million for a 60% stake, and the business registration has been completed [1] Group 3: Business Focus - The joint venture will focus on the powder new materials sector, including additive manufacturing and 3D printing materials, which are at the forefront of metal material preparation technology [1] - The downstream applications of the joint venture will cover markets such as aerospace and medical devices, indicating a strategic move into new business areas for Tian Gong Technology [1]
天工国际午前涨超14% 将于今日公布中期业绩 拟参设合资公司聚焦粉末新材料领域