Tiangong Subsidiary Joins Fusion Materials Joint Lab to Develop High-Boron and Neutron Shield Steels

Tiangong International Co. Ltd. ( (HK:0826) ) just unveiled an update.

Tiangong International Company Limited announced that its indirectly owned subsidiary, Jiangsu Tiangong Aihe Technology Company Limited, has been approved to join a joint laboratory focused on the research and development of fusion advanced metallic materials led by the Institute of Energy of the Hefei Comprehensive National Science Center. Under the five-year agreement, TG Aihe will concentrate on developing large-scale powder metallurgy 304B7 high-boron steel for tonnage production and a new neutron shield steel, while the Institute of Energy will define fusion reactor material requirements and conduct performance evaluations, with the collaboration expected to enrich Tiangong’s powder metallurgy business, improve capacity utilization, strengthen its competitiveness in controlled nuclear fusion and other high-tech downstream applications, and carry limited financial risk despite uncertainties in R&D outcomes.

The most recent analyst rating on (HK:0826) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Tiangong International Co. Ltd. stock, see the HK:0826 Stock Forecast page.

More about Tiangong International Co. Ltd.

Tiangong International Company Limited is a Chinese manufacturer specializing in powder metallurgy and advanced metallic materials, operating through subsidiaries such as Jiangsu Tiangong Aihe Technology Company Limited. The Group focuses on high-performance steel and related materials, serving technologically advanced application fields where material strength, shielding, and specialized properties are critical.

Average Trading Volume: 22,687,156

Technical Sentiment Signal: Buy

Current Market Cap: HK$9.1B

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