HK Stock Movement | IMPRO PRECISION (01286) Surges Over 6% as AI Drives Gas Turbine Demand, Benefiting Component Suppliers

Stock News
12/12

IMPRO PRECISION (01286) rose more than 6%, reaching HK$5.05 by the time of writing, with a trading volume of HK$10.3049 million. The surge follows reports of accelerated overseas gas turbine production expansion. TF Securities estimates global gas turbine supply will reach 87GW by 2027, with a net increase of 26GW, still falling short of ENR's projected annual demand of over 100GW from 2026 to 2035. The firm predicts that overseas gas turbine manufacturers will need further capacity expansion post-2027, potentially benefiting Chinese component suppliers. Huaxi Securities also highlights that domestic leaders in gas turbine technology could gain from overseas demand spillover, with sustained order fulfillment expected. IMPRO PRECISION, among other core suppliers, is viewed favorably. Industrial Securities previously noted that IMPRO PRECISION ranks among the global top 10 manufacturers of high-precision, high-complexity, and high-performance castings and machined components. The company has a globally distributed production capacity, with its Mexico facility ramping up output. Its high overseas revenue share and smooth tariff pass-through to U.S. clients, coupled with strong demand growth in high-horsepower engines and robotics, further enhance its earnings potential.

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