Ningbo Tuopu Group Co.Ltd(601689) net profit in 2021 will increase by 67-83%

Ningbo Tuopu Group Co.Ltd(601689) release performance forecast. The company expects to realize the net profit attributable to the shareholders of the listed company in 2021 to be RMB 1050-1150 million, with a year-on-year increase of 67-83%.

During the reporting period, thanks to the company's forward-looking grasp of the market opportunities of the new energy vehicle industry, the continuous expansion of intelligent electric related product lines, the active expansion of international and Chinese intelligent electric customer base, the innovation of business model based on the ability of system R & D and modular supply, the single vehicle supply amount increased significantly. Therefore, the company's new energy vehicle business grew rapidly.

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