Tuopu Group
Tuopu Group (601689.SH) is a Ningbo auto-parts leader applying precision manufacturing to humanoid actuators.
Company Overview
- Tuopu is a leading supplier of suspension, interior and EV components, deeply tied to Tesla and Chinese EV makers.
- It is developing precision actuators and components for humanoid robots, leveraging its manufacturing scale.
- Tuopu is among the highest-profile incumbents in the humanoid supply chain.
Key Facts
| Full Name | Ningbo Tuopu Group Co., Ltd. |
|---|---|
| Chinese Name | 宁波拓普集团股份有限公司 |
| Founded | 1983 |
| Headquarters | Ningbo, Zhejiang, China |
| Stock Code | 601689.SH |
| Core Products | Auto parts, precision actuators, humanoid components |
| Status | Major auto-parts supplier entering humanoids |
Data Snapshot
| 2026 Q1 Revenue | RMB 6.63B (+14.9% YoY) |
|---|---|
| Tesla Share of Revenue | 35–40% |
| Ningbo Robot Base | RMB 5B investment; 300,000 actuator sets/yr (Phase 1, live since Jan 2024); Phase 2 approval for 1M sets |
| Mexico Plant | 300,000 units/yr target (2026 Q2) |
| Thailand Plant | 2026 H1 start-up |
| Optimus Role | Tier 0.5 supplier; exclusive leg & waist joint modules; ~35% of robot BOM |
| Stock | 601689.SH (HK IPO filed 2026) |
Products & Specs
| Product | Type | Key Specs | Status |
|---|---|---|---|
| Leg & waist linear actuator assembly | Linear joint | Exclusive supplier for Tesla Optimus; ~35% of single-robot cost | Mass production |
| Rotary actuator assembly | Rotary joint | For Optimus | Mass production |
| Dexterous-hand motors | Hand actuator | ~16 motors per hand set; orders cover ~60% of next 2 years' revenue (RMB 0.8–1.5B) | Mass production |
| Chassis, suspension & EV parts | Core business | Tesla Tier-1 across Model 3/Y/S/X | Mass production |
Key Customers
- Tesla — Optimus actuator Tier 0.5; also core auto Tier-1
- XPeng, BYD, Li Auto — auto components
- Huawei, NVIDIA, Boston Dynamics (Stretch/Atlas) — sampling or small-batch
Recent Milestones
- 1983 — Founded in Ningbo, Zhejiang
- Jan 2024 — Ningbo robot production lines live (300K sets/yr)
- 2025 Q2 — First 10,000 Optimus joint gear sets delivered
- 2026 Q1–Q2 — Mexico (300K/yr) and Thailand plants ramping
- Apr 2026 — HK IPO process disclosed
Actuators & Sensors
- Precision linear and rotary actuators.
- Humanoid joint and structural components.
- Automotive-grade quality and production systems.
Supply-Chain Analysis
- Tuopu's automotive quality systems transfer to robot parts.
- Ningbo manufacturing scale and cost advantage.
- Strong relationships with leading EV/robot players.
Competitor Comparison
Versus Sanhua and Hengli: Tuopu competes on automotive-scale precision manufacturing entering humanoid actuators, with strong EV-ecosystem ties.
Frequently Asked Questions
What does Tuopu Group do?
Tuopu Group (拓普集团) is a Chinese robotics company whose focus is Auto parts, precision actuators, humanoid components. It sits in the fast-moving Chinese humanoid and embodied-AI segment, where companies compete on joint actuation, perception and manufacturing cost.
How does Tuopu Group compare with humanoid leaders such as Unitree, Fourier or Tesla Optimus?
China's humanoid field is crowded. Tuopu Group is part of that ecosystem, competing against better-known names such as Unitree and Fourier and international programs like Tesla Optimus. Differentiation usually comes from Auto parts, precision actuators, humanoid components, plus supply-chain and cost advantages common to Chinese builders.
Where is Tuopu Group based?
Tuopu Group (拓普集团) is headquartered in Ningbo, Zhejiang, China, China, one of the country's robot-industry clusters.