Changes in Hong Kong stocks | Tsugami Machine Tool China (01651) rose more than 5% in early trading, and machine tools are expected to benefit from robot industry development companies or release results by the end of this month

The Zhitong Finance App learned that Tsugami Machine Tool China (01651) rose more than 5% in early trading. As of press release, it had risen 3.96% to HK$20.5, with a turnover of HK$23037,600.

Northeast Securities pointed out that the Machine Tool Industry Association released the January-April industry operation newsletter. Overall, new orders and in-hand orders for machine tools maintained a high growth rate. Both new orders and in-hand orders for metal cutting machine tools maintained a 20.3% increase in January-April. Currently, the impact of tariffs on the machine tool industry is not obvious, and the future remains to be observed. The short-term decline in robot sentiment has led to an overall lackluster market for processing equipment. The bank believes that in the future, large-scale mass production of domestic equipment will be mainstream, and there are price and capacity advantages over overseas equipment. Currently, process details have not yet been finalized. Subsequent breakthroughs in key technologies and products such as cyclone milling, wheel grinding, and high-precision grinding machines are still expected to drive individual stock sentiment and continue to pay attention.

Furthermore, Tsugami Machine Tool China may release annual results at the end of this month. The company previously announced Yingxi. The net profit for the year ending March 25 is expected to be 782 million yuan, an increase of 60% over the previous year. The increase in the company's performance mainly benefited from the gradual restoration of confidence in the domestic manufacturing industry, including the increase in capital expenditure in the automotive industry, the pneumohydraulic industry, and the general machining industry. At the same time, the company continued to make efforts to expand the automotive parts segment and increase penetration in the medical industry, leading to an increase in demand for the company's high-precision machine tools.