After the epidemic, the Taipei International Machine Tool Show has been grandly launched, and the industry will also usher in the second season of the traditional peak season. Shanghai Bank (2049-TW) is optimistic about the recovery of operations quarter by quarter. Today (7) it attracted an influx of buyers. The stock price rose by nearly 9%.1597-TW), Global Transmission (4540-TW) all rose by more than half of the limit board, and the pneumatic component factory Airtac-KY (1590-TW) also rose more than 2%, reaching a peak of 1160 yuan, setting a new high in more than 1 year and 7 months.
Zhuo Wenheng, chairman of Shanghai Bank, revealed that the first quarter’s operation is expected to be at the bottom, and it is expected to increase quarter by quarter from the second quarter. The current order visibility has reached 3.5 months, which has increased by 1 month compared with the previous one. The share price of Shangyin rose as high as 271 yuan today, an increase of 8.8%. It stood above all moving averages and hit a new high in 9 months. Before noon, the trading volume exceeded 7,500 contracts.
The transmission system component factory also saw a large intraday surge of more than 7%, reaching a peak of 84.2 yuan, a new high in 9 months; the global transmission market rose more than 6%, the highest reached 44.4 yuan, the highest point in the past six months .
AirTAC – KY opened lower today, but the stock price bucked the trend and turned red. It rose more than 2% during the session, reaching a peak of 1160 yuan, a new high in more than 1 year and 7 months.
Other machine tool-related stocks are also favored by buyers, Fuyu (4513-TW) soared more than 5%, and Takizawa (6609-TW), Yawai (1530-TW), Zhenfa (5426-TW), Joe Fu (1540-TW) and other multiple gears also performed strongly.
The 2023 Taipei International Machine Tool Show (TIMTOS) was grandly launched on the 6th. The exhibition venues span Nangang Exhibition Halls 1 and 2 and World Trade Center Hall 1. It is the largest professional exhibition unblocked after the epidemic. Overseas buyers actively participated. It is estimated that this year will be Attracting 50,000 visitors, it is an important event for the industry.
President Tsai Ing-wen personally attended the opening ceremony of the machine tool exhibition yesterday. In her speech, she pointed out that the output value of Taiwan’s machinery industry has exceeded one trillion yuan for five consecutive years, and the export volume of the machinery industry accounts for nearly 6% of the total domestic exports. Now it has moved from precision machinery to wisdom. Manufacturing has become the third “trillion dollar industry”, emphasizing that the government will continue to support the development of the machinery industry.
