Tuopu Group announced the extension of some fundraising investment projects to December 2027. The company stated that domestic production capacity for interior trim parts and lightweight chassis has largely met current demand, while international trade barriers and geopolitical factors have shifted resources toward overseas bases. The Thailand project has also slowed due to multiple factors in overseas markets, resulting in no urgent pressure to put the projects into production. In the first quarter of 2026, Tuopu Group achieved revenue of 6.628 billion yuan and net profit attributable to the parent company of 552 million yuan.
Ningbo Tuopu Group Co LtdTuopu Group delays fundraising projects to 2027, indicating slower-than-expected capacity expansion and potential growth headwinds.