Ningbo Tuopu Group Files for Hong Kong Main Board Listing

Stock News03-31

Ningbo Tuopu Group Co., Ltd. has submitted a listing application to the Main Board of the Hong Kong Stock Exchange. CITIC Securities and UBS Group AG are acting as the joint sponsors for the proposed offering. According to the application proof, the company is a leading integrated system solutions provider serving automobile original equipment manufacturers and humanoid robot developers. Tuopu Group pioneered the Tier 0.5 business model, which goes beyond the traditional Tier 1 model by involving close collaboration with customers throughout the entire product development process. This approach aims to deliver a more flexible development experience and superior product integration. The company boasts a diversified product portfolio that includes core automotive components and parts for humanoid robots. Data from CIC indicates that, based on 2024 revenue, Tuopu Group ranked first among global suppliers of lightweight chassis systems and also held the top position among suppliers of soft interior functional components in China.

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