Recently, Jiangsu Tiangong Precision Tools Co., Ltd. ("Tiangong Precision"), a subsidiary of Tiangong International (00826.HK), officially signed a share subscription agreement with Shanghai WELL-SUN Precision Tool Co., Ltd. (872094.NQ, "WELL-SUN"). Under the agreement, Tiangong Precision subscribed to 2 million newly issued shares of WELL-SUN, representing 4.31% of WELL-SUN's total share capital after the capital increase. This strategic investment represents another important move by Tiangong International in the PCB tool sector, marking a solid step forward in extending its core industrial chain presence in PCB tools.Strategic Investment in WELL-SUN to Boost PCB Tool Sector PresenceFounded in 2000, WELL-SUN's core product portfolio covers three major categories—drills, milling cutters, and grinding heads—with deep applications in printed circuit board (PCB) precision machining, mechanical manufacturing, nail care, and dental medical fields. As a leading supplier of PCB drilling needles, WELL-SUN's core competitive edge lies in its in-house capabilities in designing and equipping industrial machine tools, with its business now covering multiple industries.According to publicly disclosed information, WELL-SUN achieved operating revenue of RMB 210.54 million and net profit of RMB 24.52 million in 2025. In the first half of 2026, it recorded operating revenue of RMB 149.44 million and net profit of RMB 36.69 million, representing year-on-year growth of 60.2% and 457.6%, respectively, compared with the same period in 2025, demonstrating rapid operational performance growth.Full-Industry-Chain Synergy to Empower a New Ecosystem for High-End ManufacturingAs the industrial platform under Tiangong International specializing in the manufacturing of high-speed steel and cemented carbide tools, Tiangong Precision has already made substantial investments in PCB precision machining tools and alloy bar materials through its subsidiary, Jiangsu Tiangong Cemented Carbide Technology Co., Ltd. This strategic investment in WELL-SUN will further strengthen collaborative business relationships between Tiangong Precision and downstream enterprises in areas such as material R&D, manufacturing and supply, as well as in different types of tool applications.Looking ahead, the Company will continue to deepen strategic partnerships with high-quality downstream enterprises, focus on core high-end manufacturing segments, enhance technological R&D and industrial synergy, and empower tool manufacturing upgrades through material innovation, contributing Tiangong's strength to the high-quality development of China's high-end manufacturing sector....

Recently, the Jiangsu Provincial Department of Industry and Information Technology completed the public announcement of the proposed list of "Three Firsts and Two New" technological products for the first batch of 2026. Tiangong International (00826.HK), through its four subsidiaries, has had a total of five technologies and products selected for the "Two New" certification list.(The selected list is as follows)— "Two New" Technological Products —The Concept of "Two New""Two New" refers to new technologies and new products pioneered by enterprises. This certification system is an important initiative by Jiangsu Province to advance the high-end development of its industrial base and the modernization of its industrial chains. "Two New" products and technologies are independently developed by enterprises, featuring originality and advanced performance. They represent core technologies that address critical bottlenecks in key fields and hold strategic significance for strengthening supply chain resilience and achieving self-reliance in industrial chains. Receiving the "Two New" certification serves as authoritative recognition of an enterprise's independent innovation capabilities and the technological advancement of its products.Breakthrough Innovations Across Multiple FieldsTiangong International's successful selection of five technological products this time fully demonstrates the company's innovative breakthroughs across multiple frontier fields. From traditional tool and die steels to new powder metallurgy materials, from new energy vehicle components to core humanoid robot assemblies, and to high-precision medical implant-grade titanium and titanium alloys, Tiangong International's product portfolio is accelerating its upgrading toward high-end, platform-based solutions. Among these, the new powder metallurgy high-strength high-nitrogen stainless steel has already been applied in high-precision transmission components such as planetary roller screws, filling a critical gap in China's domestic material technology. Meanwhile, the new energy vehicle integrated die-casting die steel provides key solutions for lightweighting and efficient production in the NEV industry.Looking ahead, the company will continue to pursue innovation-driven development, using innovation as a cutting edge to achieve continuous breakthroughs in the high-end new materials sector, contributing greater strength to Tiangong's high-quality growth and to "Made in China"!...

Recently, the Jiangsu Provincial Department of Industry and Information Technology announced the list of 2026 Jiangsu Provincial Advanced-Level Smart Factories. Four subsidiaries of Tiangong International—Jiangsu Tiangong Tool New Materials Co., Ltd., Jiangsu Tiangong Cemented Carbide Technology Co., Ltd., Jiangsu Weijian Tool Technology Co., Ltd., and Jiangsu Tiangong Technology Co., Ltd.—were proudly selected!The Advanced-Level Smart Factory is the core middle tier within the smart factory gradient cultivation system (Basic-Level, Advanced-Level, Excellence-Level, and Leading-Level). It requires enterprises to achieve interoperable sharing of production and operational data, precise control over key production processes, and coordinated management between production and operations through the widespread deployment of intelligent manufacturing equipment, industrial software, and systems. It is an important honorary title that reflects the depth of a factory's digital transformation and its maturity in intelligent manufacturing.For many years, Tiangong International has been deeply engaged in high-end new material sectors such as die and mold steel, cutting tools, and titanium alloys, adhering to the principle of empowering traditional manufacturing upgrades with intelligent manufacturing. The company has carried out intelligent transformation and digital system development across the entire production process, integrating raw material procurement, material preparation, and finished product inspection to achieve full-chain visibility and controllability of the production process, while continuously improving production efficiency and product delivery assurance capabilities.The simultaneous recognition of these four subsidiaries as provincial-level honorees is not only a strong endorsement by the government of the company's intelligent manufacturing capabilities but also a vivid testament to the company's commitment to digital, high-quality development. Looking ahead, the company will continue to leverage smart factories as a vehicle, deepen the integration of digitalization and intelligence, forge core competitiveness in high-end new materials, uphold technological innovation, and contribute even greater strength to the domestic substitution of high-end new materials in China!...

On July 30, Tiangong International attended the First General Assembly's Second Council Meeting of the Anhui Fusion Industry Association, and its subsidiary, Jiangsu Tiangong Xinzhi Materials Co., Ltd., was officially admitted to the association. Shortly thereafter, on August 10, the Jiangsu Provincial Nuclear Fusion Industry Development Symposium was held in Nanjing. As the first enterprise in China to achieve industrial-scale production of powder metallurgy high-boron steel, Tiangong International presented its R&D achievements in key nuclear fusion materials at both industry events, fully demonstrating the technological strength and industrialization commitment of private enterprises in serving major national scientific and engineering projects.Jiangsu Provincial Nuclear Fusion Industry Development Symposium Held in NanjingAt the Jiangsu Provincial Nuclear Fusion Industry Development Symposium, Tiangong International provided a systematic report on its R&D progress in nuclear fusion materials. The company's primary focus is on "powder metallurgy high-boron stainless steel for neutron shielding and vacuum vessel structures." To address the core challenges of conventional casting and forging processes under high boron content—such as composition segregation, microstructural inhomogeneity, and hot-working cracking—Tiangong International adopted a technical route of "high-purity melting → large-tonnage gas atomization powder production → hot isostatic pressing for near-fully dense consolidation." This approach rapidly atomizes the molten steel into fine powder, effectively reducing boride particle size and composition segregation.To date, Tiangong International has successfully achieved the first domestic industrial-scale development of 304B7 powder metallurgy high-boron steel, with a boron content of 2%, material density exceeding 99.8%, room-temperature tensile strength reaching over 780 MPa, and elongation of approximately 20%. The company is also advancing the development of powder metallurgy high-boron steel with a boron content of 3.2%. This achievement breaks through the traditional technical bottlenecks of insufficient strength and toughness in high-boron steel, filling a domestic gap.The development of the nuclear fusion industry requires not only major facility construction but also long-term collaboration among materials, processes, and equipment enterprises. Tiangong International is willing to leverage its strengths in high-purity melting, gas atomization powder production, hot isostatic pressing, and high-alloy material manufacturing to work with universities, research institutes, facility builders, and industrial chain partners to jointly advance the engineering verification and industrialization of key materials such as powder metallurgy high-boron stainless steel, contributing to the establishment of a competitive nuclear fusion industrial cluster in Jiangsu.At the conclusion of the symposium, Zhang Xing, Deputy Director of the Provincial Department of Industry and Information Technology, delivered a summary speech. He fully affirmed the capability of Jiangsu-based enterprises in serving major national nuclear fusion projects in the fields of materials R&D and equipment manufacturing, and outlined three areas of support for provincial enterprises to participate in the development of the nuclear fusion industry: first, to establish the Jiangsu Nuclear Fusion Industry Alliance to strengthen exchanges and collaboration among upstream and downstream enterprises in the industrial chain; second, to build a provincial-level science and technology innovation center focused on the nuclear fusion industry to enhance technological innovation and commercialization capabilities; and third, to have relevant provincial government departments take the lead in organizing matchmaking between provincial enterprises and central state-owned enterprises in the nuclear fusion sector, facilitating the implementation of more cooperative projects.Transitioning from a traditional special steel leader to a high-end materials platform, Tiangong International is accelerating its progress on the strategic track of key nuclear fusion materials, powered by its powder metallurgy technology as a strategic lever....

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....

On July 17, Jiangsu Tiangong Technology Co., Ltd. ("Tiangong Shares") acted as a limited partner, contributing RMB 17.5415 million to participate in the establishment of Gongqingcheng Xing'enke Venture Investment Partnership (Limited Partnership), positioning itself in the humanoid robot core component sector through a specialized industrial fund, further optimizing the company's future end-market application landscape.The specialized fund in which Tiangong Shares participates has a total expected scale of RMB 51.585 million. The fund manager is Shanghai Fosun Capital Investment Management Co., Ltd., a leading private equity manager in China. Apart from reserving a small portion for operational expenses, the fund's paid-in capital will be entirely invested in Nanjing Inks Co., Ltd.Nanjing Inks is a leading player in the domestic legged robot integrated joint sector. Its core team possesses deep research and industrial backgrounds, with full-chain in-house capabilities in reducers, motors, drivers, and encoders, making it one of the few manufacturers in the industry to achieve full-stack technological self-sufficiency in integrated joints. Its products have been widely applied in humanoid robots, quadruped robots, industrial robotic arms, and other fields. In 2025, the company became the first in the industry to achieve annual shipments of over 100,000 joint modules, with technological strength and mass production capabilities both ranking among the top tier in the sector.This investment represents an important strategic move by Tiangong Shares to extend from its core titanium and titanium alloy materials business into the emerging high-end intelligent equipment sector. By partnering with professional investment institutions, Tiangong Shares can fully leverage their industrial resources and professional investment management expertise to precisely capture development opportunities in the robotics industry, unlock growth value in the core component sector, and simultaneously explore synergies between the company's emerging material technologies and high-end robotics application scenarios. Looking ahead, Tiangong Shares will continue to focus on its core business while pioneering new frontiers, driven by a dual-engine approach of technological innovation and industrial investment, to promote high-quality and sustainable development of the enterprise....