Lijin Technology (00558) rose more than 7% in early trading. As of press release, it was up 5.81% to HK$3.46, with a turnover of HK$13.995,500.
The Zhitong Finance App learned that Lijin Technology (00558) rose more than 7% in early trading. As of press release, it had risen 5.81% to HK$3.46, with a turnover of HK$13.995,500.
Northeast Securities pointed out that recently, a number of models using integrated die-casting have been unveiled, and the trend in the integrated die-casting industry is accelerating. It is expected that lightweight automobiles will still provide strong support for demand for large die-casting machines for a long time to come.
Anxin International previously stated that Lijin Technology's share of the oversized die-casting machine market exceeds 90%. It covers Tesla, Xiaopeng, Hongtu, Wencan and many other customers. The bank is optimistic about the development prospects of the integrated die-casting industry. As an industry leader, Lijin Technology will continue to benefit.