Shanghai S.E.
2026-07-16
5-day change
1st Jan Change
111.82 CNY
-3.48%
-18.83%
+253.41%
Dajia Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., Nuode Asset Management Co., Ltd., Shanghai Ningyuan Asset Management Co., Ltd. and Horizon Asset Management Co. Ltd. acquired 5.50% stake in OKE Precision Cutting Tools Co., Ltd. from GEM Co., Ltd. for approximately CNY 840 million. Published on 06/01/2026
S&P Capital IQ
Dajia Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., Nuode Asset Management Co., Ltd., Shanghai Ningyuan Asset Management Co., Ltd., Jiangsu Ruihua Investment Management Co., Ltd., GF Securities Co., Ltd, AEGON-Industrial Fund Management Co. Ltd, Yuexinyao (Beijing) Private Fund Management Co., Ltd, Finsights Fund Management Co., Ltd., Huaan Securities Asset Management Co., Ltd, Shenzhen Luchi Nanjiang Private Equity Investment Fund Management Co., Ltd., Beijing Nuanyixin Private Fund Management Co., Ltd, Guotai Haitong Securities Co., Ltd., Nanjing Shengquan Hengyuan Investment Co., Ltd, Shenzhen Minghua Xinde Private Equity Fund Management Co., Ltd., Shanghai Ruiliang Private Fund Management Co., Ltd, UBS AG, Ningbo Meishan Bonded Port Lingding Investment Management Co., Ltd., Shanghai Jinde Private Fund Management Co., Ltd., Guangdong Zhenyuan Private Equity Fund Management Hunan Chasing Asset Management Co.,Ltd, Zhijian (Shaoxing Keqiao) Private Equity Fund Management Co., Ltd., Qingdao Luxiu Investment Management Co., Ltd., Jiangxi Jintou Private Equity Fund Management Co., Ltd., Xiamen Huahao Private Equity Fund Management Co., Ltd., Shanghai Bansheng Private Fund Management Co., Ltd, Beijing Haoqing Private Equity Fund Management Co., Ltd, Beijing Hengde Era Fund Management Co. Ltd, Huatai-PineBridge Fund Management Co., Ltd, Ningbo Ningju Asset Management Center (Limited Partnership), Shenzhen Junsheng Private Securities Fund Management Co., Ltd., Shenzhen Hongyuantaiping Asset Management Co., Ltd, Zhejiang Ruijiu Equity Investment Co., Ltd and Horizon Asset Management Co. Ltd. acquired 5.50% stake in OKE Precision Cutting Tools Co., Ltd. (SHSE:688308) from GEM Co., Ltd. (SZSE:002340) for approximately CNY 840 million on June 2, 2026. As part of consideration, CNY 842.3 million valued at CNY 96.45 per share is paid towards common equity of OKE Precision Cutting Tools Co., Ltd.
Jun. 01
Dajia Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., Nuode Asset Management Co., Ltd., Shanghai Ningyuan Asset Management Co., Ltd. and Horizon Asset Management Co. Ltd. acquired 5.50% stake in OKE Precision Cutting Tools Co., Ltd. from GEM Co., Ltd. for approximately CNY 840 million.
CI
May. 26
Chinese Shares Mixed Over Cross-Boarder Trading Crackdown
MT
May. 26
GEM to Offload Stake in OKE Precision Cutting Tools; OKE Down 6%
MT
May. 25
Oke Precision Cutting Tools' shareholder to sell 5.5% stake
RE
May. 19
Yichang Josn Seiko Technology Co., Ltd. announced that it expects to receive CNY 250 million in funding from OKE Precision Cutting Tools Co., Ltd.
CI
May. 18
OKE Precision Cutting Tools Co., Ltd. entered into Framework Agreement to acquire 33.50% stake in Yichang Josn Seiko Technology Co., Ltd. from Wang Wanyong, Yichang Josn Family Asset Management Co., Ltd., Yichang Xinfeng Equity Investment Partnership (Limited Partnership) and Yichang Zhaoxin Equity Investment Partnership (Limited Partnership) for approximately CNY 180 million.
CI
Apr. 23
OKE Precision Cutting Tools Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2026
CI
Feb. 27
OKE Precision Cutting Tools Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2025
CI
Dec. 08
Certain A Shares of OKE Precision Cutting Tools Co., Ltd. are subject to a Lock-Up Agreement Ending on 9-DEC-2025.
CI
Dec. 03
GF Securities Starts OKE Precision Cutting Tools to Buy with 38.97 Yuan Price Target
MT
25-10-23
OKE Precision Cutting Tools Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2025
CI
25-08-28
OKE Precision Cutting Tools Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2025
CI
25-06-05
OKE Precision Cutting Tools to Establish Tungsten Wire JV
MT
25-04-28
OKE Precision Cutting Tools Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2025
CI
25-04-27
OKE Precision Cutting Tools Co., Ltd. announces Annual dividend, payable on July 17, 2025
CI
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
OKE Precision Cutting Tools Co Ltd is a China-based company primarily engaged in the research, development, production, and sales of computer numerical control (CNC) tooling products and cemented carbide products. The Company's primary CNC tooling products include CNC inserts and solid carbide tools, as well as new products such as CNC tool bodies, cermet inserts, and super-hard tools, which are widely used in general machinery, automotive, molds, rail transportation, aerospace, energy, and petrochemical industries. The Company's cemented carbide products primarily include serrated blades, rods, and discs.
Trader
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Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
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Quality
This composite rating is the result of an average of rankings based on the following ratings: Returns (Composite), Profitability (Composite) and Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully read the associated descriptions.
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
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Last Close Price
111.82 CNY
Average target price
100.00 CNY
Spread / Average Target
-10.57%
Stock Market Stock Market News Dajia Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., Nuode Asset Management Co., Ltd., Shanghai Ningyuan Asset Management Co., Ltd. and Horizon Asset Management Co. Ltd. acquired 5.50% stake in OKE Precision Cutting Tools Co., Ltd. from GEM Co., Ltd. for approximately CNY 840 million.
More than 20 years
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