Tuopu Group to invest 5 billion yuan in robot core components base in Ningbo

Tuopu Group (601689.SH) signed an investment agreement with Ningbo Economic and Technological Development Zone Management Committee on January 4, 2024, to invest 5 billion yuan in building a robot core components production base on 300 mu of land in Ningbo.

“公司拟投资50亿元人民币，规划用地300亩，在宁波经济技术开发区建设机器人核心部件生产基地。”zhitongcaijing.com

• 2 sources
• zhitongcaijing.com拓普集团(601689.SH)拟50亿元投建机器人核心部件生产基地Jan 4, 2024
• yicaiglobal.comChina’s Tuopu to Invest USD703 Million in Robot Drive Systems BaseTang ShihuaJan 5, 2024

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