TIANGONG INT'L(00826.HK): Launches Capacity Expansion Project for Ultra-Fine Grain Rods Dedicated to PCB Cutting Tools with Annual Output of 300 Tonnes
NewTimeSpace News: Tiangong International Company Limited (00826.HK) announced that its indirect subsidiary Jiangsu Tiangong Cemented Carbide Technology Co., Limited has kicked off a capacity expansion project for ultra-fine grain rods exclusively used for PCB cutting tools with an annual production capacity of 300 tonnes, to advance the digital, intelligent and eco-friendly upgrading of the industrial chain for high-end precision PCB cutting tools.
NewTimeSpace News: Tiangong International Company Limited issued a voluntary announcement dated 7 July 2026. Jiangsu Tiangong Cemented Carbide Technology Co., Limited, an indirect subsidiary of the Company, has commenced the construction of the capacity expansion project entitled “Annual Output of 300 Tonnes Ultra-Fine Grain Rods Special for PCB Cutting Tools”, targeting digital, intelligent and green transformation and upgrading of the high-end precision PCB cutting tool industrial chain.
Driven by surging demand for PCBs stemming from AI computing infrastructure and server upgrades, the Board of Directors believes this project will help the Group consolidate its supply chain advantages in high-end and cutting-edge downstream sectors in advance and boost profitability.
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