Tungray Technologies Inc Class A Ordinary Shares
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Wanjun Yao
- Full Time Employees
- 240
- Sector
- Industrials
- Industry
- Manufacturing - Metal Fabrication
- Address
- Innovation Place Tower 4 Singapore CE Singapore
- IPO Date
- Apr 19, 2024
- CIK
- 0001943444
- Website
- tungray.com
- Similar Companies
- Business
- Tungray Technologies Inc specializes in providing customized industrial manufacturing solutions primarily through Engineer-to-Order (ETO) services for Original Equipment Manufacturers (OEMs) in sectors including semiconductors, printers, electronics, and home appliances. Its product portfolio encompasses custom automated industrial manufacturing systems, high precision motion platforms, linear and direct drive motors, and high-frequency induction brazing and welding equipment. The company also delivers comprehensive services in planning, design, industrial software development, remote internet monitoring, industrial internet identification analysis, equipment manufacturing, installation, commissioning, delivery, and ongoing technical support. Tungray operates subsidiaries in Singapore and China, facilitating its global operations. Founded in 2006 and headquartered in Singapore, it serves a global customer base with a focus on technologically advanced manufacturing equipment. Recent strategic developments include the successful completion of an initial public offering in early 2024, which raised approximately $5.41 million in gross proceeds. Tungray has implemented targeted cost-cutting measures to enhance operational efficiency, including supplier contract renegotiations and optimizing procurement. The company invests significantly in research and development, with a 34.3% increase year-over-year supporting the launch of over a dozen new projects aimed at expanding its product portfolio and accelerating innovation. Tungray is actively pursuing strategic partnerships and exploring new market opportunities such as 3D metal printing for precision engineering, contract repair services for aviation components, and manufacturing solutions tailored to commercial aviation, offshore marine, and oil & gas sectors. These efforts reflect a shift towards higher-margin products and diversified revenue streams to sustain long-term growth amid competitive pricing pressures in the manufacturing automation industry. Tungray's operational scope includes providing motion platforms with integrated control modules, industrial automation production equipment, and welding solutions focused on high-frequency induction brazing largely used in refrigeration and home appliance manufacturing. The company continues to enhance its market presence in Asia and plans regional business expansion leveraging Singapore’s hub status, while strengthening customer relationships and retention across its technology-driven industrial services. This description captures Tungray Technologies Inc’s core products and services, operational geography, recent funding and strategic changes, and ongoing initiatives that underscore its positioning in the industrial manufacturing sector. The company remains committed to advancing technological innovation and sustainable growth in a rapidly evolving market environment.
Tungray Technologies (NASDAQ:TRSG) Stock Price Down 3.8% – Should You Sell?
Tungray Technologies (NASDAQ:TRSG) Stock Price Down 0.4% – Time to Sell?
Tungray Reports Unaudited 2025 First Half Results, Revenue Up 37% and Returns to Profitability
Tungray Technologies Inc Announces Results of 2025 Annual General Meeting of Shareholders
Tungray Technologies Appoints Henry Guo as Chief Financial Officer
TRSG Announcement: If You Have Suffered Losses in Tungray Technologies Inc (NASDAQ: TRSG), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Rosen Law Firm Encourages Tungray Technologies Inc Investors to Inquire About Securities Class Action Investigation - TRSG
TRSG Announcement: If You Have Suffered Losses in Tungray Technologies Inc (NASDAQ: TRSG), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Rosen Law Firm Encourages Tungray Technologies Inc Investors to Inquire About Securities Class Action Investigation - TRSG
TRSG Announcement: If You Have Suffered Losses in Tungray Technologies Inc (NASDAQ: TRSG), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Rosen Law Firm Encourages Tungray Technologies Inc Investors to Inquire About Securities Class Action Investigation - TRSG
TRSG Announcement: If You Have Suffered Losses in Tungray Technologies Inc (NASDAQ: TRSG), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Tungray Technologies Inc Reports 2024 Full Year Financial Results
TRSG Announcement: If You Have Suffered Losses in Tungray Technologies Inc (NASDAQ: TRSG), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Rosen Law Firm Encourages Tungray Technologies Inc Investors to Inquire About Securities Class Action Investigation - TRSG
ROSEN, TOP-RANKED INVESTOR COUNSEL, Encourages Tungray Technologies Inc Investors to Inquire About Securities Class Action Investigation - TRSG
TRSG Announcement: If You Have Suffered Losses in Tungray Technologies Inc (NASDAQ: TRSG), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
ROSEN, A LEADING LAW FIRM, Encourages Tungray Technologies Inc Investors to Inquire About Securities Class Action Investigation - TRSG
Rosen Law Firm Encourages Tungray Technologies Inc Investors to Inquire About Securities Class Action Investigation - TRSG
TRSG Announcement: If You Have Suffered Losses in Tungray Technologies Inc (NASDAQ: TRSG), You Are Encouraged to Contact The Rosen Law Firm About Your Rights