TSUGAMI CHINA (01651) surged more than 7% during Hong Kong's morning trading session. At press time, shares climbed 6.1% to HK$21.75 with turnover reaching HK$76.78 million. This rally followed the company's annual results announcement for the period ending March, revealing a net profit of RMB 782 million – a striking 63% year-on-year leap. Revenue grew 36.6% to RMB 4.262 billion.

Executive Director and Deputy General Manager Li Zequn outlined ambitious targets, stating the new fiscal year's sales revenue would challenge RMB 5 billion, potentially exceeding the 2022 record. Expansion into emerging sectors like AI liquid cooling connectors and automotive electric braking systems is projected to drive future income growth.

During its 25th fiscal year, TSUGAMI CHINA aggressively penetrated multiple novel industries and sectors. Its machinery products and services are gaining broader acceptance across downstream markets and clientele. The firm is developing comprehensive product lines centered on automotive electric braking systems, exemplified by its forthcoming internal thread grinding machine. This innovation, slated for market launch this year, enables complete processing of ball screw nuts while delivering end-to-end production line solutions.

Within the burgeoning humanoid robotics arena, TSUGAMI CHINA secured equipment orders from over a dozen customers last fiscal year. These contracts span automatic lathes, turret lathes, cylindrical grinders, and thread rolling machines. Meanwhile, the company's flagship automatic lathes have demonstrated immense potential in AI liquid cooling connector applications.