On July 22, Gelunhui reported that Ningbo Tuopu Group (601689.SH) announced its 2024 semi-annual performance report, with revenue of 12.227 billion yuan, a year-on-year increase of 33.47%; net income attributable to shareholders of listed companies was 1.452 billion yuan, a year-on-year increase of 32.69%; net income attributable to shareholders of listed companies after deducting non-recurring gains and losses was 1.295 billion yuan, an increase of 26.06% year on year.
During the reporting period, the company continued to focus on its established strategy, continuously improve sales, reduce costs, and maintain a steady trend of business performance growth. 1. The company's Tier 0.5 innovative business model continues to be accepted and recognized by customers, and the customer base of high-value-added intelligent electric vehicle parts continues to expand, and the customer structure continues to be optimized. 2. The product platform strategy continues to be promoted. Leveraging research and development innovation and digital manufacturing capabilities, the company's comprehensive competitiveness in interior functional parts, lightweight chassis, and thermal management business is constantly improving, and sales revenue maintains steady growth; automotive electronic product orders began to increase, and the production of closed air suspension systems, intelligent electric door systems, etc. achieved rapid growth. 3. The internationalization strategy is accelerating. The Mexican factory is advancing rapidly, with the first of the Phase I projects already in production, and the other three factories progressing in an orderly manner. The ball joint forged aluminum control arm won the BMW project order, laying a foundation for expanding into the European market.