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]