Ningbo Tuopu to Build a Subsidiary in Brazil

Ningbo Tuopu Group Co., Ltd. resolved to establish a wholly-owned subsidiary in St. Paulo, Brazil with the investment of USD 10 Million so as to better explore the South America market.

Ningbo Tuopu is a leading researcher, developer and manufacturer of 4 categories of products including automobile shock absorption series, sound insulation series, suspension series and electronic series. Nowadays, South America has been the biggest export market of China autos while Brazil, the largest economic entity of South America and one of the BRICS countries, also has greater potential in development of automobile.