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Ningbo Tuopu Group (.SS)_ Mgmt meeting takeaways_ Mgmt sees limited room for further price cuts on auto parts, with unc...
2025-11-07 01:28
5 November 2025 | 1:06PM CST Equity Research Ningbo Tuopu Group (601689.SS): Mgmt meeting takeaways: Mgmt sees limited room for further price cuts on auto parts, with uncertainty in We hosted a meeting with Tuopu Group in Ningbo, Zhejiang province, on Nov 4. Management noted order recovery with double-digit growth from Sep 2025 and expects this to continue into next year, after the below-expectation Mexico factory utilization due to lackluster sales of pick-up truck products from a key customer. The company ...