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Precision Tsugami (1651): for the year ended March 31, the Group's revenue increased by 21.6% year-on-year to approximately RMB 5.184 billion; net profit increased by 39.9% to approximately RMB 1.094 billion, both record highs. Gross profit margin improved to 34.9%, and earnings per share were RMB 2.98. Looking ahead, despite fierce price competition in the industry, policies such as the national "15th Five-Year Plan" will bring new opportunities. As current production is already at full capacity, the group plans to invest RMB 150 million to build a new factory, which is expected to be put into operation by the end of 2027 and increase annual production capacity by 3,000 units to meet market demand.
South Korea's largest industrial investment plan in history
South Korea's largest industrial investment plan in history. DRAM capacity to double within five years, Samsung and SK Hynix each build two new chip factories. South Korean President announced three "mega-projects": Samsung and SK Hynix will jointly build four chip factories in the southwest, with an investment of approximately 800 trillion won, aiming to double DRAM capacity within five years; investment in AI data centers will reach an even higher 1000 trillion won. Following the announcement, the previously sluggish South Korean stock market quickly reversed course, with the KOSDAQ surging over 8%. This will reshape the global memory chip landscape, but it is unlikely to alleviate the supply shortage driven by AI in the short term.
Hong Kong Stock Connect saw a net outflow of HK$10.339 billion on Monday. Tencent Holdings (00700) saw the largest inflow at HK$1.51 billion, followed by SMIC (00981) at HK$948 million. The Tracker Fund of Hong Kong (02800) recorded the largest net outflow at HK$7.35 billion, followed by CSOP Hang Seng Technology (03033) at HK$1.2 billion.
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