Lijin Technology (00558) rose more than 9%. As of press release, it rose 9.33% to HK$4.1, with a turnover of HK$36.9576 million.
The Zhitong Finance App learned that Lijin Technology (00558) rose more than 9%. As of press release, it had risen 9.33% to HK$4.1, with a turnover of HK$36.9576 million.
According to the news, Northeast Securities previously 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 said that Lijin Technology has a market share of more than 90% in the oversized die-casting machine market and is optimistic about the development prospects of the integrated die-casting industry. As an industry leader, Lijin Technology will continue to benefit.
Furthermore, the company's partner Wencan Co., Ltd. recently announced that the company's subsidiary has been designated for a large-scale integrated die-casting product project from a leading NEV OEM. Mass production of the project is expected to begin in the fourth quarter of 2025, and the total sales amount for the entire cycle is expected to be 450 million yuan to 500 million yuan.