The Zhitong Finance App learned that Tuopu CNC (07688) rose by more than 5%. As of press release, it had risen 5.59% to HK$19.64, with a turnover of HK$356.387 million.
According to the news, starting September 7, Tuopu CNC entered the Hong Kong Stock Exchange Index list. Entering Hong Kong Stock Connect will further expand the company's investor base, enhance the trading liquidity of H shares, and further optimize the shareholder structure. It is worth mentioning that according to its earlier disclosure, the value of new contracts signed by the company in the first half of this year was about 470 million yuan, a significant increase of 115.6% over the previous year. Among them, space-related projects contributed about 404 million yuan, and the scale of this order has already exceeded the total amount of new contracts signed in the space sector throughout 2025.
Qunyi Securities (Hong Kong) previously stated that the company uses intelligent aerospace manufacturing equipment as the basic market, with deep technical barriers, and higher average product prices and gross margins than peers; GM 5-axis and carbon fiber machine tools are still in the cultivation period and are expected to become a new growth curve. The bank is optimistic about the company's development in the field of domestic high-end industrial motherboards.