Precision Tsugami announces leadership changes and strong interim results

Effective November 13, 2025, Dr. Tang Donglei and Dr. Li Zequn resigned as executive directors, with Dr. Tang also stepping down as chairman and chief executive officer. Mr. Takao Nishijima also resigned as a non-executive director. Dr. Wang Xiaokun has been appointed as the new chairman and chief executive officer, while Dr. Tang Donghao and Mr. Li Junying were appointed as executive directors. Mr. Nobuhiro Watabe joined as a non-executive director, and Mr. Shoichiro Haga was re-designated from non-executive to executive director and appointed as chief financial officer. These changes also impacted the composition of the audit and competition executive committees.

The company's interim results for the six months ended September 30, 2025, show a substantial increase in revenue by 26.2% to RMB2,496,895,000, with profit for the period rising by 47.7% to RMB502,253,000 compared to the same period last year. Basic earnings per share increased to RMB1.36. The board declared an interim dividend of HK$0.60 per share for the six months ended September 30, 2025.

Total current assets reached RMB3,730,448,000, with net current assets at RMB2,883,231,000. Capital commitments amounted to approximately RMB5,270,000, and the group maintained a healthy liquidity position with cash and bank balances of RMB1,081,606,000. Precision Tsugami repurchased 5,306,000 shares on the Stock Exchange during the period under review.