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Tonglian Precision (688210.SH): Small batch trial production of 3D Printing related products has already begun.
On January 16, the company Tonglian Precision (688210.SH) stated during a meeting with institutional investors that it has been closely monitoring the development of cutting-edge technologies within the Industry, and has observed that leading companies in the Industry have begun using 3D Printing technology in certain products. We believe this is a good start. Currently, the company has certain technical reserves in Metal 3D Printing, and related products have undergone small-scale trial production. In the future, the company will closely monitor the development of 3D Printing technology and continue to increase its R&D investment in 3D Printing technology.
Tonglian Precision (688210.SH): Currently, the factory in Vietnam is in the process of obtaining Eco-friendly Concept and fire safety permits.
On January 16, Gelonghui reported that Tonglian Precision (688210.SH) recently stated during a reception for institutional investor research that currently, the company's production facilities are mainly located in Pingshan District of Shenzhen and Huiyang District of Huizhou. Among these, the production capacity for MIM precision components is primarily situated in Pingshan, while the production capacity for non-MIM precision components is mainly located in Huiyang. Capacity expansion is currently not restricted by location in the short term. Additionally, the MIM production base located in Changsha, Hunan, has completed construction and acceptance, and is gradually purchasing equipment for phased production, while also taking on some overflow capacity demands from the Huizhou and Pingshan factories.
Tonglian Precision (688210.SH): The non-MIM Business mainly includes processes such as laser processing.
On January 16th, Glonghui reported that Tonglian Precision (688210.SH) stated during a meeting with institutional investors that the company's non-MIM business mainly includes processes such as laser processing, wire cutting, CNC, and precision injection molding. The company has gained more business opportunities due to its quick response capabilities and outstanding technical solutions, driving steady growth in its non-MIM business.
Tonglian Precision (688210.SH): In 2024, the company will actively cooperate with the hinge Business development and production manufacturing needs of foldable screen customers.
On January 16, Gelonghui reported that Tonglian Precision (688210.SH) recently stated during a meeting with institutional investors that in 2024, the company will actively cooperate with the research and development and manufacturing needs of folding screen clients for hinge business. Although there has been a month-on-month decline in the demand for folding screen hinge business after entering the third quarter, the company will continue to pay attention to the technical development direction of folding screen pivot hinges and actively maintain business contact with outstanding domestic and international folding screen smartphone brand end customers to expand more related business opportunities.
Tonglian Precision (688210.SH): Talent No. 1 Fund and its concerted action party, Deep Venture Capital, have cumulatively reduced their shareholding by 1.0132%.
On January 13, 2025, Gelonghui reported that Tonglian Precision (688210.SH) announced that on January 10, 2025, it received a notification letter from its shareholder Talent No. 1 Fund and its concerted action parties, Shenchuang Capital, stating that the shareholding of more than 5% had been reduced by 1%. On January 10, 2025, Talent No. 1 Fund and its concerted action parties, Shenchuang Capital, reduced their holdings in the company by a total of 200,000 shares through centralized bidding trading, representing a decrease of 0.1248%. After this reduction, Talent No. 1 Fund and its concerted action parties have reduced their holdings.
Tonglian Precision (688210.SH): First repurchase of 0.0229 million shares.
Gelonghui, December 30th丨Tonglian Precision (688210.SH) announced that on December 30, 2024, the company repurchased shares for the first time through centralized bidding, buying back 0.022929 million shares, which accounts for 0.0143% of the company's total share capital. The highest transaction price was 20.80 yuan/share, the lowest was 20.71 yuan/share, and the total amount paid was 0.476 million yuan (excluding stamp duty, transaction commission, and other transaction fees).
