HK Stock Market Move | TIANGONG INT'L (00826) rose more than 8%. It is expected that the first set of plasma atomization powder production equipment will produce the first batch of finished titanium alloy powder this month.

TIANGONG INT'L (00826) rose more than 8%, as of the time of writing, it rose by 7.09% to 4.24 Hong Kong dollars with a turnover of 188 million Hong Kong dollars. On the news front, recent market media reports have indicated that TIANGONG INT'L's titanium alloy powder project has made significant progress. The first set of plasma atomization powder production equipment is nearing the final installation and commissioning stage, with the first batch of titanium alloy powder products expected to be produced in June this year. This project was previously listed as a major project in Jiangsu Province for 2025. It is reported that TIANGONG INT'L's titanium alloy powder project, which is now advancing, focuses on the two main themes of "high-efficient utilization of renewable resources + high-performance powder preparation," and is building a green manufacturing system that covers the entire chain in a closed-loop manner. Guotai Haitong previously pointed out that the company has successfully developed 304B7 powder metallurgy high boron steel material (boron content 2%) for the first time in China using industrialized methods. Compared to traditional casting processes, this material significantly improves strength and toughness and is expected to be widely used in key parts of nuclear fusion and fission devices in the future. This achievement has attracted high attention from the International Thermonuclear Experimental Reactor (ITER) research team. The company has completed processing tests on specific complex structural components and sent samples to the ITER organization in France for verification testing. It is expected to further deep technical and commercial cooperation.