IMPRO PRECISION (01286) saw its shares rise more than 10% during the trading session, reaching a record high of HK$7.66. At the time of writing, the stock was up 9.59% to HK$7.54, with a turnover of HK$46.84 million.
A research report from Soochow Securities noted that power shortage investments in North America are gradually expanding from gas turbines to gas internal combustion engines and SOFCs. The current power deficit in North America still exceeds the total supply capacity of various technologies, meaning the sector has not yet reached the stage of selecting a specific technological path. Investment opportunities across all relevant technological pathways should be closely watched. For gas internal combustion engines, it is recommended to pay attention to companies such as IMPRO PRECISION.
Industrial Securities believes that the company's products are used in a wide range of industries, including high-horsepower engines, construction machinery, agricultural machinery, recreational marine vessels, passenger vehicles, commercial vehicles, aviation, energy, and medical sectors. Overall demand is stable and trending upward, with high-horsepower engines and robotics segments showing particularly strong growth and higher profit margins. The rise of AIDC is boosting demand for high-horsepower engines, and the company supplies sand-cast cylinder blocks for high-horsepower engines to major clients such as Caterpillar and Cummins.