Ningbo Tuopu Group Co.,Ltd. (SHSE:601689) entered an agreement to acquire the remaining 61% stake in Chongqing Tuopu Auto Parts Co., Ltd. for approximately CNY 11.55 million on March 15, 2022. Ningbo Tuopu Group Co.,Ltd. changed Chongqing Antolin Tuopu Overhead Systems Co., Ltd's name to Chongqing Tuopu Auto Parts Co., Ltd.