Focusing on the Electronic Information Industry, Building a New Benchmark in High-End PCB Precision Tools
2026-07-30
On July 29, the establishment ceremony of Jiangsu Tiangong Electronics Technology Co., Ltd. was held at Jiangsu Tiangong Cemented Carbide Technology Co., Ltd. in Danyang, Jiangsu. This marks a significant step forward for Tiangong International (0826.HK) in the electronic information industry and the high-end precision tool sector, injecting strong momentum into the Group's efforts to cultivate new quality productivity and create new economic growth drivers.Attending the ceremony and jointly witnessing the launch of Jiangsu Tiangong Electronics Technology Co., Ltd. were Zhu Xiaokun, Chairman of the Board of Tiangong International; Zhu Zefeng, Chief Executive Officer; Zang Wenhai, General Manager of Jiangsu Tiangong Cemented Carbide Technology Co., Ltd.; Xu Liangfei, representative of Shenzhen Mingchuangjin Investment Partnership (Limited Partnership); Chen Yong, Chairman and General Manager of Dongguan Fanyu Automation Technology Co., Ltd.; and Jing Chaoyong, Deputy General Manager. The launch signifies that Tiangong has taken a key step in the electronic information sector and injected fresh development momentum into its goal of becoming a globally leading manufacturer of PCB drill bits and PCB end mills.Jiangsu Tiangong Electronics Technology Co., Ltd. serves as a key strategic platform for Tiangong International to align with the nation's new-generation information technology development strategy and seize rapid growth opportunities in industries such as artificial intelligence, servers, high-performance computing, automotive electronics, consumer electronics, 5G communications, and semiconductors. The company is jointly established by Jiangsu Tiangong Cemented Carbide Technology Co., Ltd., in partnership with industrial capital and leading industry players. It specializes in the R&D, manufacturing, sales, and technical services of high-end precision tools for PCBs (printed circuit boards), with the aim of building a globally leading manufacturer of PCB drill bits and PCB end mills.Leveraging Tiangong International's 45 years of accumulated technological strengths in powder metallurgy, cemented carbides, ultra-fine grain materials, precision machining, and intelligent manufacturing, the company will fully integrate its partners' professional capabilities in PCB industry market resources, automation equipment, inspection technologies, and industrial operations. This collaboration will foster a synergistic industrial ecosystem encompassing materials, equipment, manufacturing, inspection, and market development, providing global PCB manufacturers with high-quality, high-efficiency, and high-reliability precision tool solutions.It is understood that Jiangsu Tiangong Electronics Technology Co., Ltd. has planned a high-end precision PCB tool industrialization project. Going forward, the company will pursue digitalization, intelligence, and green development as its strategic direction, accelerate the construction of smart factories, and continuously improve product precision, consistency, and manufacturing efficiency. The ultimate goal is to achieve an annual production capacity of 300 million PCB drill bits and 100 million PCB end mills, striving to build a domestically leading and internationally first-class R&D and manufacturing base for PCB precision tools. This will contribute Tiangong's strength to ensuring the self-reliance and security of China's electronic information industry chain and supporting the high-quality development of the advanced manufacturing sector.The establishment of Jiangsu Tiangong Electronics Technology Co., Ltd. represents a major achievement in Tiangong International's ongoing efforts to optimize its industrial structure and refine its high-end manufacturing supply chain layout. It is also an important practice of the Group's proactive response to the national strategy of building a manufacturing powerhouse and accelerating the cultivation of new quality productivity. In the future, the company will adhere to the principles of innovation-driven development, supreme quality, intelligent manufacturing, and green growth. Guided by technological innovation and market demand, it will continue to break through key core technologies, steadily enhance its core competitiveness, and strive to build a nationally renowned, internationally influential high-end PCB precision tool brand, contributing more Tiangong wisdom and strength to the high-quality development of China's electronic information industry....