LK TECH Shares Surge Over 12% Pre-Noon on Showcase of Record 95-Ton Machine Tool Casting

Stock News05-11

LK TECH (00558) rose over 12% before noon. As of the time of writing, the stock was up 10.24% to HK$3.23, with a turnover of HK$13.86 million.

From May 6 to 9, the 24th China International Foundry Expo was held at the Shanghai National Exhibition and Convention Center. At this exhibition, the LK Group made a significant appearance at booth 4.1-4A01, prominently displaying the largest machine tool casting by volume produced domestically to date—a 95-ton floor-type boring and milling worktable. This achievement set a new record for the manufacturing of ultra-large, high-end machine tool castings, becoming a core highlight of the event.

In addition to this major casting, the LK Group booth also simultaneously displayed industry-leading casting solutions, including integrated die casting, high-pressure die casting for aluminum and magnesium alloys, TPI magnesium alloy semi-solid thixoforming, and magnesium alloy semi-solid injection molding. The booth also featured multiple high-quality precision die-cast parts, comprehensively showcasing the group's cutting-edge R&D capabilities and full-industry-chain layout in both ferrous and non-ferrous metal casting.

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