TOPNC Shares Surge Over 9% in Morning Trading, Company Leads Aerospace Five-Axis CNC Machine Tool Sector

Deep News
7 hours ago

TOPNC (07688) shares rose more than 9% in morning trading. As of press time, the stock was up 9.42%, trading at HK$19.40, with a turnover of HK$12.5093 million.

Since September 7, TOPNC has been included in the Stock Connect eligible list. Inclusion in Stock Connect will further expand the company's investor base, enhance the trading liquidity of its H shares, and further optimize its shareholder structure.

Data shows that since TOPNC's inclusion in Stock Connect, the Stock Connect shareholding ratio has continued to climb. As of October 8, the Stock Connect shareholding ratio had reached 1.65%.

According to a report by China Insights Consultancy cited in the prospectus, in 2025, the company ranked first in China's aerospace five-axis CNC machine tool market with a market share of 10%, and ranked fifth among all suppliers in China's five-axis CNC machine tool market and second among domestic suppliers, with a market share of 3.9%.

The company's products mainly include aerospace intelligent manufacturing equipment, compact general-market five-axis machine tools, and large-size carbon fiber composite five-axis machine tools. Its revenue is primarily derived from aerospace intelligent manufacturing equipment.

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