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CEO Matao Cao, Zhejiang Taotao Vehicles Co., Ltd.'s (SZSE:301345) Largest Shareholder Sees Value of Holdings Go Down 9.6% After Recent Drop
TaoTao Automobile (301345.SZ): The company's USA factory has already established certain complete vehicle production capabilities.
On April 7, Glorious Hui reported that Taotao Automotive (301345.SZ) stated on the investor interaction platform that regarding the USA's tariff increases, the company has been actively planning relevant response measures for a considerable period of time, increasing R&D efforts and enhancing product competitiveness. At the same time, the company's factory in the USA has certain vehicle production capacity and will gradually plan to increase the scale of vehicle production capacity and the local production ratio of related components based on changes in tariff policies, ultimately achieving the local manufacturing of high-tariff products in the USA.
Taotao Automotive (301345.SZ) performance announcement: In the fiscal year 2024, the net income attributable to the parent company is 0.433 billion yuan, an increase of 54.30% year-on-year.
On April 3rd, Gelonghui reported that Taotao Automotive (301345.SZ) announced its performance brief for the fiscal year 2024. In 2024, the company achieved revenue of 2.972 billion yuan, a 38.59% increase compared to the same period last year; operating profit of 0.515 billion yuan, a 51.21% increase year-on-year; total profit of 0.514 billion yuan, a 52.62% increase year-on-year; net income attributed to shareholders of the listed company was 0.433 billion yuan, a 54.30% increase year-on-year; net income attributed to shareholders of the listed company after deducting non-recurring gains and losses was 0.422 billion yuan, a 56.46% increase year-on-year; basic
Taotao Auto: 2024 Annual Results Report
Taotao Auto: Earnings Forecast for the First Quarter of 2025
These 4 Measures Indicate That Zhejiang Taotao Vehicles (SZSE:301345) Is Using Debt Reasonably Well