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Ningbo Tuopu Completes Acquisition of Wuhu Changpeng
Macquarie: Demand for industrial automation and Siasun Robot&Automation in China is recovering, and domestic substitution is rapidly breaking through.
The trend of intelligent upgrading in China's manufacturing industry is irreversible, and domestic manufacturers are moving from "replacement" to "leading," bringing long-term investment value to the Industry Chain upstream and downstream.
Express News | Ningbo Tuopu Group: The acquisition of 100% equity in Wuhu Changpeng has been completed.
Demaishi (301007.SZ): has not yet supplied goods to Zhejiang Sanhua Intelligent Controls and Ningbo Tuopu Group.
On May 9, Gelonghui reported that Demais (301007.SZ) stated on an investor interaction platform that the company has not yet supplied goods to Zhejiang Sanhua Intelligent Controls and Ningbo Tuopu Group. While consolidating and developing existing business, the company is actively exploring new customers, enriching its product line, and continuously accumulating technological strength.
Research Reports on Gold Digger丨Guolian Minsheng: Maintaining Ningbo Tuopu Group's "Buy" rating, Siasun Robot&Automation injects new momentum.
The Guolian Minsheng Securities Research Reports indicate that Ningbo Tuopu Group (601689.SH) is expected to have a net income of 3.001 billion yuan in 2024, an increase of 39.52% year-on-year; the company's profitability remains stable with a slight recovery in cost reduction and efficiency improvement net margin. During the reporting period, the company's interior functional components revenue was 8.434 billion yuan, up 28.24% year-on-year, forged aluminum control arm revenue was 8.203 billion yuan, up 33.98% year-on-year; shock absorber product revenue was 4.402 billion yuan, up 2.40% year-on-year; Thermal Management related business revenue was 2.14 billion yuan, up 38.24% year-on-year. Orders for automotive electronics products have started to increase significantly. In addition, the company also
Ningbo Tuopu Group (601689): Main business steadily and rapidly develops, Siasun Robot&Automation injects new momentum.
The company released its annual report, with 2024 revenue of 26.6 billion yuan, a year-on-year increase of +35.02%, a net income attributable to the parent company of 3.001 billion yuan, a year-on-year increase of +39.52%, and a net income attributable to the parent company after deductions of 2.728 billion yuan.