Top Group achieves revenue and profit growth in first half 2023 financial report

In the first half of 2023, Top Group achieved rapid growth in revenue and profit by virtue of its product line, system R&D capabilities and innovative business model in the new energy vehicle industry. The company's IBS project, EPS project, air suspension project, thermal management project and smart cockpit project have all received orders from multiple customers, laying the foundation for the company's long-term development. In addition, the company has also established an electric drive division to focus on the development of the robotics business. In order to meet customer needs, the company plans to complete the installation and commissioning of 4 production lines this year and gradually increase annual production capacity.