On May 29, 2026, the Beijing Stock Exchange (BSE) and China Securities Index Co., Ltd. announced the regular adjustment results for the BSE Specialized and Sophisticated Index. Jiangsu Tiangong Technology Co., Ltd. (920068.BJ), leveraging its continuous technological innovation capabilities, stable operating performance, and outstanding specialized and sophisticated attributes, has been officially included in the BSE Specialized and Sophisticated Component Index. This selection represents authoritative recognition from the capital market of the comprehensive strength of Jiangsu Tiangong Technology Co., Ltd., marking the company's entry into the core asset portfolio of the BSE and ushering in a new stage of high-quality development and value realization.The BSE Specialized and Sophisticated Index focuses on "little giant" companies listed on the BSE that concentrate on niche markets, stay committed to their core businesses, demonstrate outstanding innovation capabilities, and exhibit strong growth potential. It serves as a core barometer for technology-focused enterprises on the BSE. Companies selected for the index must meet multiple criteria, including compliant listing operations, outstanding innovation capabilities, stable operational quality, and sound growth prospects, balancing both innovation and growth characteristics.Re-selected, Unlocking Multiple Layers of ValueThis selection marks the second time Jiangsu Tiangong Technology Co., Ltd. has been included in a core BSE index, following its inclusion in the BSE 50 Component Index in March of this year. As a constituent of the BSE Specialized and Sophisticated Index, the technological attributes and growth value of Jiangsu Tiangong Technology Co., Ltd. are further highlighted, while its brand influence and industry voice continue to rise.Being an index constituent is expected to attract increased allocations from mid- to long-term institutional investors such as public funds, social security funds, and QFIIs, thereby optimizing the shareholder structure and enhancing stock liquidity and market consensus. Moreover, the signal of being a "top performer" on the BSE, conveyed through dual inclusion in both the BSE 50 and the BSE Specialized and Sophisticated Index, can significantly strengthen recognition among customers and partners, helping the company gain more support in industrial cooperation, project expansion, and financing channels. Index constituents are required to continuously meet high-quality operational standards, which in turn drives the company to maintain high standards in corporate governance, information disclosure, and management, creating a long-term positive feedback loop.Innovation Leading the High-End Titanium Materials Sector, Accelerating Industrial Layout and ConstructionAs a core player in China's high-end titanium materials sector, Jiangsu Tiangong Technology Co., Ltd. maintains a solid foundation in its traditional businesses. Its consumer electronics titanium materials business continues to ramp up steadily alongside its key major customers, generating ample cash flow. The company's three emerging growth tracks—additive manufacturing, aerospace, and medical healthcare—boast clear and bright growth trajectories. As high-end production capacity continues to be released and the product mix increasingly shifts toward higher-margin, higher-value-added offerings, the profitability of Jiangsu Tiangong Technology Co., Ltd. is steadily improving. Benefiting from the domestic substitution of high-end titanium materials and policy support for the new materials industry, the company's growth prospects are broad.At the same time, the titanium alloy powder project of Tiangong Titanium Crystal, a company in which Jiangsu Tiangong Technology Co., Ltd. holds a stake, is progressing efficiently as planned. As a major project of Jiangsu Province in 2025, the project focuses on core raw materials for metal 3D printing, aiming to establish a benchmark for high-end titanium powder industrialization. The project has a planned total capacity of 3,000 tons per year. In the first phase, 1,000 tons of second-generation plasma atomization (PA) powder production equipment has been installed and is currently in the commissioning stage. The first batch of finished titanium alloy powder is expected to be produced in June of this year, targeting high-end applications such as consumer electronics. The powder material products from this project achieve industry-leading levels of purity, sphericity, and particle size control, meeting the stringent requirements of high-end fields such as aerospace and additive manufacturing. This will help the company capture market share in the high-end metal powder market, improve its comprehensive titanium materials industry chain layout, and open up new growth avenues....

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On the morning of May 12, Zhu Xiaokun, Chairman of the Board of Tiangong International Co., Ltd. ("Tiangong International"), and Zhu Zefeng, Chairman of Jiangsu Tiangong Technology Co., Ltd. ("Tiangong Technology"), traveled to Shanghai for an in-depth exchange with Wang Laichun, founder and Chairman of Luxshare Precision Industry Co., Ltd. ("Luxshare Precision"). The two sides held extensive discussions on precision tools, titanium and titanium alloy materials, additive manufacturing, and innovative applications in the 3C industry, reaching a strategic consensus on deepening industrial synergy and strengthening technical collaboration.As a globally leading precision manufacturer in consumer electronics, Luxshare Precision has long focused on areas such as consumer electronics, communications, automotive, and industrial sectors. The company possesses significant advantages in precision manufacturing, smart manufacturing, and industrial chain integration, making it a key player in the global 3C industry chain. In recent years, Luxshare Precision has continuously driven high-end manufacturing upgrades, achieving breakthroughs in new materials, new processes, and smart manufacturing applications.During the discussions, Tiangong International Chairman Zhu Xiaokun provided a detailed overview of the company’s recent achievements in powder metallurgy, high-end tool and die steels, cemented carbides, titanium and titanium alloys, additive manufacturing, and cutting-edge new materials. He noted that as manufacturing shifts toward higher-end, smarter, and lighter solutions—particularly as the 3C electronics industry demands higher material performance, processing precision, and product stability—Tiangong International is increasing R&D investment in powder metallurgy high-speed steels, cemented carbides, titanium and titanium alloy powders, and 3D printing materials. The company is actively advancing the deep integration of advanced materials and smart manufacturing. Chairman Zhu Xiaokun expressed hope for further collaboration with Luxshare in areas such as precision processing tools, titanium alloy structural components, powder material applications, and smart manufacturing, leveraging each other’s strengths to drive upstream and downstream collaborative innovation and achieve mutual benefit.Chairman Wang Laichun spoke highly of Tiangong International’s progress in high-end materials and advanced manufacturing. She stated that Luxshare Precision adheres to an innovation-driven development strategy, continuously enhancing its precision and smart manufacturing capabilities. Currently, the consumer electronics industry is undergoing significant product structure upgrades and accelerated application of new materials, with high-performance tool materials, titanium alloys, and additive manufacturing technologies offering vast market potential. Tiangong International has deep technical expertise in powder metallurgy, precision tools, and titanium alloys. Luxshare Precision will strengthen exchanges and collaboration with Tiangong, engage in joint innovation based on industry needs, and jointly explore more application scenarios for new materials and processes in consumer electronics.Both sides agreed that the future competitive edge in high-end manufacturing lies in the deep integration of material technology, advanced processes, and smart manufacturing capabilities. Going forward, the two parties will focus on areas such as localization and replacement of precision tools, development of titanium and titanium alloy powder materials, application of 3D printing and additive manufacturing, and lightweight solutions for the 3C industry. They will further enhance technical coordination and resource synergy to jointly promote the high-quality development of advanced manufacturing....

Tiangong International and Han's Laser Deepen Strategic Exchanges | Joining Forces to Drive Innovative Application of Titanium Alloy Powder Materials in the 3C SectorOn the afternoon of May 9th, Zhu Xiaokun, Chairman of the Board of Tiangong International Co., Ltd. ("Tiangong International"), and Zhu Zefeng, Chairman of Jiangsu Tiangong Technology Co., Ltd. ("Tiangong Technology"), led a delegation to Shenzhen for in-depth discussions with Gao Yunfeng, Chairman of Han's Laser Technology Industry Group Co., Ltd. ("Han's Laser"). The two parties engaged in extensive discussions on laser equipment, 3D printing technology, and the future direction of titanium alloy powder materials in the 3C industry, reaching important consensus on further strengthening industrial collaboration and technical cooperation.During the exchanges, the two sides focused on in-depth discussions regarding the application of high-end titanium alloy materials in the field of laser additive manufacturing. Leveraging Han's Laser's leading position and cutting-edge technological advantages in the laser equipment industry, combined with Tiangong Technology's industrial foundation in titanium alloy sheets and titanium alloy powder materials, as well as its world-leading equipment capabilities and R&D strength, both parties agreed that titanium alloy materials have vast development potential and market prospects in areas such as 3C electronics, high-end machinery manufacturing, and laser printing in the future.Particularly against the backdrop of the rapid development of the 3D printing industry, titanium alloy powder materials — with their advantages of being lightweight, high-strength, and corrosion-resistant — are accelerating their expansion into high-end manufacturing applications. Both parties stated that they will fully leverage their respective strengths in material R&D, equipment manufacturing, and industrial application to accelerate the promotion and application of titanium alloy powder materials in the 3C industry, jointly advance key technological breakthroughs and industrial implementation, and continuously enhance the international competitiveness of China's high-end titanium alloy powder materials.During the discussions, relevant business heads from Han's Laser also attended the exchanges. The two sides conducted detailed communication on subsequent in-depth technical team collaboration, product development coordination, and future cooperation directions, and unanimously agreed to establish a closer communication mechanism to accelerate the implementation of specific cooperative projects.These exchanges have further deepened mutual trust between the two parties, laying a solid foundation for future deeper strategic cooperation in the fields of high-end new materials and advanced manufacturing, while also injecting new development momentum into collaborative innovation within China's high-end manufacturing industry chain....

Tiangong International’s High-Boron Steel for Nuclear Fusion Draws Attention from France’s ITER | Breakthrough in Powder Metallurgy 304B7 MaterialRecently, at an industry forum held at the National Exhibition and Convention Center (NECC) in Shanghai, Dr. Yu Yang, Chief Scientist of Tiangong International Co., Ltd. (“Tiangong International”), delivered a keynote report titled “New-Type Powder High-Boron Steel and Its Applications in Nuclear (Fusion and Fission) Reactors.” The report highlighted the company’s latest industrial achievements in high-boron steel materials, attracting significant industry attention.The report noted that Tiangong International has successfully developed, for the first time in China on an industrial scale, a 304B7 powder metallurgy high-boron steel material (with a boron content of 2%). Compared to similar materials produced via traditional casting processes, this new material demonstrates significantly improved strength and toughness. Test data show an average V-notch impact toughness of 16.92J, an average tensile strength of 784.65 MPa, an average yield strength of 373.77 MPa, a percentage elongation after fracture of 20.20%, and a percentage reduction in area of 18.49%. These comprehensive properties are markedly superior to those of conventional high-boron steel materials.High-boron steel is known for its excellent neutron absorption capacity and good corrosion resistance, making it an important functional material for nuclear power equipment. Tiangong International’s 304B7 powder metallurgy material is expected to be widely used in critical components of both nuclear fusion and fission devices.In the field of nuclear fusion, the material can be applied to key areas such as the shielding blanket of fusion reactors, vacuum vessel interlayers, divertor bases, and the bottom of lower ports. In nuclear fission applications, it can be used in core baffles, neutron absorber plates, control rod guide tubes, the inner walls of certain small or experimental reactor pressure vessels, and the casings of nuclear waste storage and transport containers.Notably, these achievements have drawn significant interest from the research team of the International Thermonuclear Experimental Reactor (ITER) in France. In response to ITER’s requirements, Tiangong International has completed the processing and testing of specially designed complex structural components and has sent sample parts to the ITER organization in France for further validation.Through multiple rounds of technical exchanges and communication, the two parties have established a solid foundation for collaboration and look forward to deeper technical and commercial cooperation in the future. With this partnership as a starting point, Tiangong International’s powder metallurgy high-boron steel material is steadily gaining recognition in the international fusion engineering community. This also marks an important step forward in China’s self-sustained development of advanced nuclear materials and signals that Chinese enterprises are enhancing their voice in the global nuclear fusion energy supply chain.  ...

National Key R&D Program Project Milestone Indicators Pass Verification | Tiangong Powder Metallurgy Tool Steel Accelerates Integrated Die-Casting and High-End 3D PrintingOn April 26, Jiangsu Tiangong Aihe Technology Co., Ltd., a subsidiary of Tiangong International Co., Ltd. (00826.HK), hosted an on-site verification meeting for the project “Key Technologies R&D and Application of Powder Metallurgy and Additive Manufacturing for New Die-Casting Tool Steels” (Project No. 2024YFB3713300), which is part of the national key R&D program “Advanced Structures and Composite Materials.” Following expert review, all six interim assessment indicators passed verification, marking a systematic breakthrough in China’s high-end die material and powder metallurgy key technologies. This achievement not only supports large-scale application of integrated die-casting in new energy vehicles (NEVs) but also provides a critical material foundation for high-end metal 3D printing.Focus Area 1: NEVs – Solving the “Die Life Bottleneck” in Integrated Die-Casting to Enable Large-Scale Manufacturing    Under the trend of lightweight NEVs, integrated large-scale die-casting is rapidly replacing traditional multi-part welding processes. However, ultra-large die-casting molds are prone to thermal fatigue cracking and erosion failure under high-temperature molten metal impact and severe thermal cycling – making die life a key barrier to industrialization.    To address this core challenge, Tiangong has developed a next-generation die-casting tool steel based on powder metallurgy technology, achieving breakthroughs in microstructure uniformity and material purity. This significantly enhances thermal fatigue resistance and erosion resistance – not only extending die service life but also reducing scrap rates and maintenance costs. It provides critical material support for efficient, low-cost, and stable integrated die-casting in NEV production, accelerating the industry’s move toward large-scale application.Focus Area 2: Metal 3D Printing – Building a High-End Material Foundation for Additive Manufacturing to Unleash Complex Fabrication Capabilities    In high-end equipment manufacturing, metal additive manufacturing (3D printing) is becoming a key process, with high-performance metal powder being the core foundation for forming quality.    The specialized alloy powder developed under this project achieves high levels of compositional uniformity, sphericity, and flowability – meeting stringent requirements for material consistency and reliability in high-end 3D printing. Combined with near-net-shape technology, which enables one-shot forming of complex structures, it allows conformal cooling channels in mold manufacturing, significantly improving cooling efficiency and product performance.    This outcome not only enhances manufacturing efficiency but also helps transition 3D printing from “feasible” to “efficient and scalable,” accelerating industrial adoption in high-end molds and complex components.From Technological Breakthrough to Industrial Application – Driving Domestic High-End Materials Toward “Replaceable, Mass-Producible, and Applicable”    Successful verification of these milestones not only reflects Tiangong’s ongoing deep cultivation in powder metallurgy and advanced manufacturing but also marks a transition in China’s high-end die material technology – from following to running alongside or even leading globally.    Going forward, guided by major national R&D projects, Tiangong will continue driving the transfer of key technological achievements into industrial applications, deepening deployment in strategic emerging sectors such as NEVs and additive manufacturing. The company is committed to building an independent and controllable system for high-end materials, providing even stronger material support for China’s high-end manufacturing. ...