According to reports, TIANGONG INT'L (00826) has seen its shares rise by more than 6%, with an increase of 6.1% as of the time of writing, trading at HKD 3.13 and a transaction volume of HKD 142 million. In related news, the "Recommendations of the Central Committee of the Communist Party of China on Formulating the 15th Five-Year Plan for National Economic and Social Development" emphasizes forward-looking arrangements for future industries, promoting nuclear fusion energy as a new economic growth point. Industrial Securities previously noted that the company's strategic position in nuclear fusion materials is significant, with a broad market outlook. Its powder metallurgy technology is expected to facilitate development in this area. Furthermore, titanium alloys have extensive applications in robotics, 3C devices (such as mobile phone frames), and aerospace, with clear growth in downstream demand. The company primarily focuses on titanium alloy wire, expanding into titanium alloy powder for 3D printing. The firm is well-positioned in this rare core material sector, with substantial growth potential in titanium alloys, nuclear fusion materials, and humanoid robotics in the mid to long term. First Shanghai noted that, in the first half of the year, the company signed a long-term supply agreement with Heng'erd, which commits Heng'erd to purchase specialized powdered high-speed steel materials from TIANGONG no less than 100 tons annually over five years starting in 2026, totaling no less than 600 tons. The signing of this agreement not only provides stable support for the company's future performance but also consolidates its market position in the specialized powdered high-speed steel niche. Looking ahead, the firm holds an optimistic outlook on the high-end titanium alloy business: demand from new models by downstream clients is expected to gradually be released next year; on the other hand, the company has made significant progress in the construction of high-end titanium alloy industries in aerospace, healthcare, and nuclear fusion sectors.