Reported 8 months ago
Tongtai (4526) is not only a manufacturer of machine tools but also engages in the processing industry of semiconductor equipment components and semiconductor process consumables through PCB drilling machines. It is estimated to make a significant contribution to revenue from the second half of this year to the first half of next year, attracting foreign investments for three consecutive days, with a net purchase of 566 shares on the 18th and a surge in trading volume. With the stock hitting the limit up just before the closing bell, closing at a new high of 25.9 yuan. With an order backlog of 3 billion yuan and visibility until the end of the third quarter, combined revenue for the first five months of the year was 2.287 billion yuan, down 22.15% year-on-year.
Source: YAHOO