Tuoshan’s Recent Market Performance

On July 29, 2025, the engineering machinery sector experienced a downturn, with Tuoshan Heavy Industry (001226) witnessing a significant drop of over 10% in its stock price. This decline was part of a broader trend affecting other companies in the sector, including TuoShan Heavy Industry, Hengli Drilling Tools, and Shantui Group, among others.

Market Context

The engineering machinery sector’s decline was noted by the Shanghai Securities News, highlighting the broader market sentiment affecting these companies. Despite this, some stocks in related sectors showed positive movements. For instance, Shangwei New Material opened with a 0.95% increase, while companies like Shanghe Intelligent and Nanfang Luji saw significant gains, with Shanghe Intelligent opening 4.05% higher.

Tuoshan’s Stock Volatility

Earlier in the week, on July 28, Tuoshan Heavy Industry issued a public announcement regarding abnormal stock price fluctuations. The company’s stock experienced a cumulative price deviation exceeding 20% over two consecutive trading days, July 25 and 28. This volatility was part of a broader pattern observed in the market, with several other companies also reporting significant price deviations.

Market Analysis

The market analysis on July 28 highlighted a total of 62 stocks hitting their daily price limits, with PCB-related stocks being particularly active. Tuoshan Heavy Industry was noted for its consecutive board performance, contributing to the sector’s overall activity.

Conclusion

Tuoshan Heavy Industry’s recent stock performance reflects the challenges faced by the engineering machinery sector amidst broader market fluctuations. Investors and stakeholders are closely monitoring these developments, considering the potential implications for the sector’s future performance.