Guangdong Tute Precision Hardware Technology Co., Ltd. (“Tute Co., Ltd.”), a leading domestic high-end precision home hardware company, has officially submitted for registration for its IPO.
As a high-tech enterprise integrating R&D, production and sales, Tute Co., Ltd. has been deeply involved in the field of home precision hardware for more than ten years. It has built strong competition barriers with its internationally leading core technology, full-chain intelligent manufacturing system and global high-quality customer layout.
With the upgrade of domestic household consumption and the release of dividends from the inventory replacement policy, the company’s technological advantages continue to be realized, and the market growth potential is fully highlighted.
Deeply engaged in technological innovation, Tute Share has the right to speak on the top core technologies in the industry.
For a long time, the company has adhered to the two-wheel drive of independent research and development and standards leadership. It is one of the very few companies in the industry that participates in the preparation of national standards, industry standards, and group standards at the same time. It has led and participated in the formulation of 1 national standard, 1 industry standard, and 4 Foshan group standards, covering core areas such as drawer guides, concealed hinges, and smart furniture general technologies. It has deeply led the standardized and high-end development of the industry.
At the core process level, Tut’s self-developed “key technologies and equipment for intelligent manufacturing of high-performance home hardware hinges” have reached the international advanced level as a whole. Among them, the multi-stage hinge intelligent assembly technology ranks among the world’s leading ones, breaking the overseas technology monopoly.
Relying on this core technology and high-performance quick-install buffer hinge products, the company was successfully awarded the title of provincial-level manufacturing champion enterprise in Guangdong Province. The durability, precision and adaptability of its products far exceed the average industry standards.
R&D capabilities and quality control systems lay a solid foundation for technology implementation.
Up to now, Tute has obtained a total of 205 domestic patents and 1 overseas PCT patent. Its R&D investment has been stable at a high level of 3.98% of revenue for three consecutive years. Its average annual R&D investment exceeds 35 million and its professional R&D team exceeds 230 people.
At the same time, the company’s testing center has CNAS national laboratory certification qualifications and can complete full-dimensional performance testing such as salt spray, hardness, fatigue, etc., and realize full-process quality control of products from raw materials to finished products, ensuring that product quality ranks first in the industry.
In addition, the company has established a full-process digital management system, relying on intelligent systems such as OA, ERP, and MES to realize full-link digitalization of production, control, and delivery, greatly improving production accuracy and efficiency.
With technological empowerment, the market competitiveness of Tute Shares continues to be highlighted, coupled with industry policy dividends, the space for growth is fully opened.
Currently, the domestic home furnishing industry is ushering in a golden development period of stock renovation and trade-in of old products for new ones. Many national departments have continued to introduce policies to encourage the upgrading of old houses and the replacement of new ones. The penetration rate of whole-house smart home decoration has continued to increase, and the demand for high-performance and intelligent home hardware products has continued to expand, creating a broad incremental market for high-end hardware companies.
With its excellent products and technical strength, Tute has built a high-quality cooperation matrix covering top customers at home and abroad.
At the domestic level, the company cooperates with leading home furnishing companies such as Sofia, Oppein Home Furnishing, Gujia Home Furnishing, Shangpin Home Delivery, etc., and has repeatedly won honors such as strategic supplier and excellent partner; in overseas markets, the company has successfully joined hands with internationally renowned hardware and cabinet companies such as Woodmark in the United States, HAFELE in Germany, and Emuca in Spain to establish long-term and stable cooperative relationships.
At the same time, Tute Co., Ltd. has deployed more than 100 dealers at home and abroad, forming a marketing network covering the whole country and radiating overseas, and its market coverage and brand influence have continued to increase.
The robust operating data confirms the company’s core strength.
From 2023 to 2025, Tut’s revenue will continue to grow steadily, with revenue exceeding 930 million. Its main business revenue accounts for more than 96%, and its main business is highly focused.
The company’s net profit remains at a stable level, with outstanding profitability resilience. Relying on high-quality head customer resources, the company’s revenue structure is stable and its ability to resist risks is strong, laying a solid foundation for subsequent large-scale expansion.
This IPO fundraising will also become an important booster for the high-quality development of Tut shares.
The funds raised by the company will focus on two core projects: the construction of the third phase of the intelligent manufacturing base and the intelligent upgrading of production lines in old factory areas. On the one hand, it will break through existing production capacity bottlenecks, fill production capacity gaps, and undertake the growing demand for domestic and overseas orders; on the other hand, it will comprehensively upgrade production automation and digitalization levels, optimize production layout, improve large-scale production capabilities and product quality, and further consolidate its leading position in the industry.
At present, the home hardware industry is accelerating its iteration towards intelligence, precision and high-end, and technical barriers and brand barriers continue to rise.
With its industry-leading core technology, complete intelligent manufacturing system, high-quality global customer resources, and the upgrading trend of the precise card positioning industry, Tut Co., Ltd. further releases its technological and market advantages and leads the domestic high-end home hardware industry to a new level of internationalization.
