Tuopu Group (601689.CH) Domestic NVH Leader start a new round of growth August 26, 2019 119

PSR Recommendation: ACCUMULATE Status: Initiation
Target Price: CNYCNY 12.70

Company profile

Product introduction
The main business of Tuopu Group includes the R&D and manufacturing of auto parts such as power chassis system, trim system, and intelligent driving control system. At present, the Company has developed four product lines covering NVH (vibration and noise reduction), sound insulation, lightweight chassis and automotive electronics, with over 5,000 products
in total.

About the author

Profile photo of Zhang Jing

Zhang Jing
Phillip Securities (HK)

Bachelor Degree in Tongji University of Engineering; Master Degree in East China Normal University of finance. Currently covering the automobile and air sectors. She has years of experience in investment research and is good at combining analysis for the companies with industry prospects.

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