Huarui Precision rose over 6%, reported to increase prices of CNC tool series products

Huarui Precision's stock price once rose more than 6% during the trading session, reaching 75.2 yuan, a new high since April 2023. According to reports, Huarui Precision issued a product price adjustment notice stating that recent fluctuations in the supply of hard alloy raw materials, along with supply-demand imbalances, have led to a significant and continuous increase in prices and tight market supply, resulting in a substantial increase in the company's production costs. To maintain normal production and operations and ensure the stability of product quality, the company has decided, after careful research, to raise the sales prices of its CNC tool series products by more than 15% starting from September 1, 2025