Core Viewpoint - Tsugami Machine Tool China has recently repurchased 80,000 shares at an average price of HKD 31.80 per share, totaling approximately HKD 2.5443 million, indicating management's confidence in the company's future and a strategy to enhance shareholder returns [1][2]. Group 1: Share Buyback Details - The company has repurchased a total of 9.86 million shares this year, accounting for 2.62% of its total share capital [1]. - The recent buyback on December 19 involved 80,000 shares, with a total expenditure of HKD 2.5443 million [1]. - The average repurchase prices for previous buybacks in December ranged from HKD 30.49 to HKD 34.40, showing a strategic approach to capital management [1]. Group 2: Company Overview - Tsugami Machine Tool China specializes in the research, development, manufacturing, and sales of precision machine tools, including CNC lathes and machining centers, primarily serving the automotive, electronics, and medical device sectors [2]. - The company is a subsidiary of the Japanese Tsugami Group and has leveraged its parent company's technological advantages to secure a market presence in China [2]. - Financially, the company has shown stable revenue and profit performance, although it is subject to fluctuations due to the cyclical nature of the manufacturing industry [2].