Tuopu Skateboard Chassis Co., Ltd. announced that it expects to receive CNY 2 billion in funding from Ningbo Tuopu Group Co.,Ltd.

Ningbo Tuopu Group Co Ltd is a China-based company mainly engaged in the research and development, production and sales of automotive parts. The Company's main products include automotive noise,vibrationharshness (NVH) damping systems, interior and exterior decoration systems, lightweight bodies, intelligent cockpit components, thermal management systems, chassis systems, air suspension, and intelligent driving systems. The Company's products are sold to domestic and foreign markets.