Precio Precision Tsugami (China) Corporation Ltd (01651.HK)

Precision Tsugami (China) Corp. Ltd. is an investment holding company, which engages in the provision of high precision machine tools. The company is headquartered in Jiaxing, Zhejiang and currently employs 2,458 full-time employees. The company went IPO on 2017-09-25. The Company’s main business is professional customization, development, production and sales of various CNC high precision machine tools such as precision lathes, precision machining centers and precision grinding machines. The Company’s products are mainly used in the industries such as automobile parts and components, information technology (IT) electronic parts including mobile phones and communication facilities, industrial automation parts and components, medical instruments and construction machinery. The firm conducts its business in the domestic and overseas markets.