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Research Report Nuggets丨Guojin Securities: Tuopu Group's Q2 performance forecast, net profit exceeded expectations and maintained an “increase in holdings” rating
According to the Guojin Securities Research Report, the net profit forecast for the Q2 results of Tuopu Group (601689.SH) exceeded expectations and maintained an “increase in holdings” rating. Net profit for the second quarter is expected to be 0.807 billion yuan, +25.31% year over year and +25.12% month over month. Net profit exceeded expectations, mainly due to 1) cost reduction and efficiency due to scale effects; 2) synergy effects brought about by platform companies; and 3) profit of about 0.1 billion non-financial contributions. It is expected that Tesla's humanoid robot 24H2 will be released at a fixed point. As a leading company in rotary actuator and linear actuator technology, the company is expected to receive orders and gradually grow during the humanoid robot deployment process
Express News | Ningbo Tuopu Says Lock-up Period for 88.1 Mln Shares to End, Shares to Start Trading on July 26
Ningbo Tuopu Group (601689.SH): 88.0529 million restricted shares will be released on July 26th.
On July 22, Gelunhui reported that ningbo tuopu group (601689.SH) announced that the total number of shares for this stock listing is 88.0529 million. The date for this stock to begin trading is July 26, 2024.
Express News | Ningbo Tuopu Prelim H1 Net Profit up 32.7% Y/Y
Ningbo Tuopu Group's (601689.SH) interim report shows a net income of 1.452 billion yuan in the first half of the year, a year-on-year increase of 32.69%.
Ningbo Tuopu Group (601689.SH) released its 2024 interim performance report, with operating revenue of 12.227 billion yuan, an increase of 33.47% year-on-year; net income attributable to shareholders of the listed company was 1.452 billion yuan, an increase of 32.69% year-on-year; net income attributable to shareholders of the listed company 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 continuously improved its sales and reduced costs around the established global strategy, maintaining continuous growth in business performance. 1. The company's Tier 0.5 innovative business model continued.
Ningbo Tuopu GroupLtd's (SHSE:601689) Five-year Earnings Growth Trails the Enviable Shareholder Returns
We think all investors should try to buy and hold high quality multi-year winners. And we've seen some truly amazing gains over the years. To wit, the Ningbo Tuopu Group Co.,Ltd. (SHSE:601689)
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