Tuopu Group(SH:601689) Di Yi Cai Jing·2025-09-11 00:04Core Viewpoint - The company, Top Group, has experienced a decline in net profit in the first half of the year, with its robot-related business accounting for less than 0.1% of total revenue [1][11] Shareholder Reduction - Four shareholders, including Wu Jianshu and Wu Haonian, reduced their holdings by 13.43 million shares, amounting to approximately 880 million yuan [1][2] - This is the first time since the company's listing that the actual controller has reduced their holdings, despite previous increases in shareholding [1][6][8] - The reduction occurred during a period when the company's stock price reached a high of 73.37 yuan [1][3] Financial Performance - In the first half of the year, the company reported a net profit of 14.57 billion yuan, a year-on-year decrease of 13.84% [12] - Revenue for the same period was 12.93 billion yuan, reflecting a growth of 5.83% year-on-year [12] - The company's revenue and net profit have increased more than threefold from 2020 to 2024, with annual growth rates of approximately 70% and 90% respectively [11][12] Business Segments - The main business of Top Group includes the research and production of automotive parts, with a focus on NVH damping, interior and exterior trim, thermal management, and chassis systems [11] - The company has established partnerships with several major automotive manufacturers, including Tesla, and is expanding its presence in the electric vehicle market [12] - Despite the potential in the humanoid robot sector, the revenue from this segment remains minimal, contributing less than 0.1% to overall performance [13]