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Tiangong International Co. Ltd. ( (HK:0826) ) has issued an update.
Tiangong International Co. Ltd. has entered a strategic cooperation framework agreement with Hengerda New Materials to jointly develop and apply powder high-speed steel materials for sawing tools. This partnership aims to enhance industry leadership and promote technological advancements. Hengerda will support Tiangong with testing platforms and technical expertise, while Tiangong will become a primary supplier of raw materials to Hengerda starting in 2026. The agreement also includes plans for Tiangong to procure sawing equipment from Hengerda and collaborate on precision cutting tools, strengthening their supply chain integration and competitive edge in the industry.
More about Tiangong International Co. Ltd.
Tiangong International Co. Ltd. is a company involved in the development and application of high-speed steel materials, particularly for sawing tools. The company focuses on technological advancement and import substitution in the industry.
Average Trading Volume: 23,504,610
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.61B
See more data about 0826 stock on TipRanks’ Stock Analysis page.