Market Overview - The automotive parts sector experienced a decline of 1.15% on November 20, with Tianpu Co. leading the drop [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Top Gainers in Automotive Parts Sector - Yingli Automotive (601279) saw a closing price of 5.78, with a significant increase of 10.10% and a trading volume of 396,200 shares, totaling 229 million yuan [1] - Yilian Technology (301631) closed at 104.07, up 8.72%, with a trading volume of 52,700 shares and a total transaction value of 547 million yuan [1] - Huafeng Co. (002806) increased by 5.59% to close at 13.79, with a trading volume of 440,100 shares and a transaction value of 617 million yuan [1] Top Decliners in Automotive Parts Sector - Tianpu Co. (605255) led the decline with a closing price of 109.99, down 7.89%, and a trading volume of 57,000 shares, totaling 644 million yuan [2] - Moulding Technology (000700) fell by 5.49% to 9.30, with a trading volume of 387,700 shares and a transaction value of 369 million yuan [2] - Zhongtai Automobile (000980) decreased by 4.76% to 3.60, with a trading volume of 1,263,300 shares and a transaction value of 463 million yuan [2] Capital Flow Analysis - The automotive parts sector saw a net outflow of 2.465 billion yuan from major funds, while retail investors contributed a net inflow of 2.42 billion yuan [2] - The table of capital flow indicates that major funds had a net inflow in several companies, including Huafeng Co. (637 million yuan) and Yingli Automotive (447 million yuan) [3] Individual Stock Performance - Yingli Automotive had a net inflow of 44.72 million yuan from major funds, while retail investors showed a net outflow of 22.31 million yuan [3] - Huafeng Co. experienced a net inflow of 63.70 million yuan from major funds, with retail investors also showing a net outflow of 26.05 million yuan [3] - Aerospace Technology (000901) had a net inflow of 68.99 million yuan from major funds, but a net outflow of 85.91 million yuan from retail investors [3]

Group 1: New Stock Offerings - Tianpu Co., Ltd. (Stock Code: 605255) has a tender offer period from November 20, 2025, to December 19, 2025[1] - Hangzhou Steam Turbine Co., Ltd. (Stock Code: 200771) has a cash option declaration period from November 19, 2025, to November 25, 2025[1] - Central Plaza (Stock Code: 600280) announced on November 20, 2025[1] Group 2: Stock Performance Alerts - Moen Electric (Stock Code: 002451) reported severe abnormal fluctuations on November 14, 2025[1] - ST Yuancheng (Stock Code: 603388) reported severe abnormal fluctuations on November 11, 2025[1] - ST Keli Da (Stock Code: 603828) reported severe abnormal fluctuations on November 12, 2025[1] Group 3: Recent Announcements - Jiumuwang (Stock Code: 601566) announced on November 20, 2025[1] - Taiping Bird (Stock Code: 603877) announced on November 20, 2025[1] - Huaci Co., Ltd. (Stock Code: 001216) announced on November 20, 2025[1]

Core Viewpoint - The stock price of Tianpu Co., Ltd. has increased by 348.24% from August 22, 2025, to November 19, 2025, indicating significant trading risks and a potential for rapid decline due to severe deviation from the company's fundamentals [1] Trading Performance - The company's stock has experienced 9 instances of abnormal trading fluctuations and 2 instances of severe abnormal fluctuations during the specified period [1] - A total of 17 announcements regarding abnormal fluctuations, severe fluctuations, and trading risk warnings have been issued by the company [1]

证券代码：605255 证券简称：天普股份 公告编号：2025-061 宁波市天普橡胶科技股份有限公司 关于股票交易风险提示性公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性 陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ●公司股价累计涨幅较大，期间已累积巨大交易风险，现已严重偏离上 市公司基本面，公司股价未来随时有快速下跌的可能。公司股票价格自 2025 年 8 月 22 日至 2025 年 11 月 19 日累计上涨 348.24%，期间已累积巨大交易 风险，目前公司股价已严重偏离上市公司基本面，未来随时有快速下跌的可 能。敬请广大投资者注意二级市场交易风险。 ●公司股票交易多次触及股票交易异常波动、严重异常波动情形。2025 年 8 月 22 日至 2025 年 11 月 19 日期间，公司股票交易 9 次触及股票交易异 常波动，2 次触及股票交易严重异常波动情形；公司已累积发布 17 次异常波 动、严重异常波动、交易风险提示公告，提示股票交易风险。敬请广大投资 者注意二级市场交易风险。 ●公司市盈率和市净率显著高于行业平均水平。截至 2025 ...

Core Insights - The company reported a revenue of 230.37 million yuan for the first three quarters of 2025, representing a year-on-year decline of 4.98% [1] - The net profit for the same period was 17.85 million yuan, down 2.91% year-on-year [1] - The company's stock price experienced significant volatility, increasing by 348.24% from August 22 to November 19, with 9 instances of abnormal fluctuations and 2 instances of severe abnormal fluctuations [1] Financial Metrics - As of November 19, the company's price-to-earnings (P/E) ratio stood at 492.16, and the price-to-book (P/B) ratio was 19.84, both significantly higher than industry averages [1] - On November 3, the company completed a share transfer agreement involving 25.14 million shares, accounting for 18.75% of total shares, with no change in the actual controller [1] Control and Governance - The share transfer transaction is still subject to procedural requirements, and there is uncertainty regarding any potential change in control [1]

Core Viewpoint - Tianpu Co., Ltd. (605255) experienced a stock price increase of 4.89% today, with a trading volume of 930 million yuan and a fluctuation of 18.18% [2] Trading Activity - The stock was listed on the Shanghai Stock Exchange's "Dragon and Tiger List" due to its daily fluctuation reaching 18.18%, with a net selling amount of 3.8595 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction amount of 122 million yuan, with a buying amount of 58.9979 million yuan and a selling amount of 62.8574 million yuan, resulting in a net selling of 3.8595 million yuan [2] - The largest buying brokerage was Dongfang Caifu Securities Co., Ltd. with a purchase amount of 15.8082 million yuan, while the largest selling brokerage was Huabao Securities Co., Ltd. with a selling amount of 14.4340 million yuan [2] Recent Performance - Over the past six months, the stock has appeared on the "Dragon and Tiger List" 16 times, with an average price increase of 3.35% the day after being listed and an average increase of 16.72% in the following five days [3] - Today, the stock saw a net outflow of 19.3524 million yuan in main funds, with a significant outflow of 33.5590 million yuan from large orders and an inflow of 14.2066 million yuan from larger funds [3] - In the last five days, the main funds experienced a net outflow of 20.1540 million yuan [3] Financial Results - The company reported its third-quarter results on October 30, showing a total revenue of 230 million yuan for the first three quarters, a year-on-year decrease of 4.98%, and a net profit of 17.8508 million yuan, down 2.91% year-on-year [3]

Core Viewpoint - The legal opinion letter from Shanghai Fangda Law Firm confirms the compliance of the tender offer for Ningbo Tianpu Rubber Technology Co., Ltd. by Zhonghao Xinying (Hangzhou) Technology Co., Ltd. and its concerted actions, ensuring that all legal requirements are met for the acquisition process [1][19]. Group 1: Acquisition Overview - Zhonghao Xinying aims to acquire control of Ningbo Tianpu Rubber Technology Co., Ltd. through a tender offer and capital increase, which will result in them controlling 68.29% of the shares post-transaction [19][21]. - The tender offer price is set at 23.98 CNY per share, which is consistent with the price paid in previous share transfer agreements [25][27]. - The acquisition is structured to comply with the legal obligations of a full tender offer, and it is not intended to terminate the listing status of Tianpu shares [40][41]. Group 2: Financial and Legal Compliance - Zhonghao Xinying has confirmed that the funds for the acquisition are sourced entirely from its own capital, ensuring no illegal funding sources are involved [29][41]. - The acquisition process has been validated by the law firm, which conducted thorough checks on the involved parties and their compliance with Chinese laws [3][19]. - The tender offer is set to last for 30 days, from November 20, 2025, to December 19, 2025, allowing shareholders to accept the offer during this period [30]. Group 3: Shareholder and Management Information - The actual controller of Zhonghao Xinying is Yang Gongyifan, who holds a significant stake and has a background in technology management [8][10]. - The acquisition will involve concerted actions with other parties, including Hainan Xinfan and individual shareholder Fang Donghui, to ensure unified decision-making [10][21]. - The management of Zhonghao Xinying and its concerted actions have not faced any significant legal issues in the past five years, indicating a stable operational history [16]. Group 4: Future Plans and Conditions - There are no immediate plans for Zhonghao Xinying to increase or dispose of its holdings in Tianpu shares within the next 12 months, aside from the current acquisition [22]. - The acquisition is structured to maintain the listing status of Tianpu shares, with commitments from the involved parties to propose solutions if the share distribution does not meet listing requirements post-acquisition [40].

Group 1 - The company, Tianpu Co., announced that its stock price experienced an abnormal fluctuation, with a cumulative closing price deviation of 20% over three consecutive trading days on November 14, 17, and 18, 2025 [1] - Following an internal review and communication with its controlling shareholder and actual controller, the company confirmed that there is no undisclosed significant information apart from what has been publicly disclosed [1]

证券代码：605255 证券简称：天普股份 公告编号：2025-060 宁波市天普橡胶科技股份有限公司 股票交易异常波动公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ●公司股票价格于 2025 年 11 月 14 日、11 月 17 日和 11 月 18 日连续 3 个 交易日内收盘价格涨幅偏离值累计达到 20%，根据《上海证券交易所交易规 则》的有关规定，属于股票交易异常波动情形。 ●经公司自查并发函向控股股东、实际控制人及其一致行动人核实，截至 本公告披露日，除在指定信息披露媒体及上海证券交易所网站上已公开披露的 信息外，不存在应披露而未披露的重大信息。 ●收购方中昊芯英无资产注入计划。经公司与收购方中昊芯英再次确认， 收购方没有在未来 12 个月内改变上市公司主营业务或者对上市公司主营业务做 出重大调整的明确计划；没有在未来 12 个月内对上市公司及其子公司的资产和 业务进行出售、合并、与他人合资或合作的明确计划，或上市公司拟购买或置 换资产的明确重组计划。敬请广大投资者注意上述相关信息对二级市场 ...

每经AI快讯，11月18日，天普股份(605255.SH)公告称，公司股票连续3个交易日内收盘价格涨幅偏离值 累计达到20%，属于股票交易异常波动情形。市场传言，中昊芯英（杭州）科技有限公司自身现有资本 证券化路径与本次收购上市公司相关。经公司再次与收购方中昊芯英确认，截至本公告日，收购方中昊 芯英自身现有资本证券化路径与本次收购上市公司无关。收购方中昊芯英已启动独立自主的首次公开发 行股票（IPO）相关工作，现已进入股份制改制（股改）过程阶段。收购方中昊芯英自身现有资本证券 化路径与本次收购上市公司无关。市场传言，中昊芯英（杭州）科技有限公司将对公司注入资产。经公 司再次与收购方中昊芯英确认，截至本公告日，收购方中昊芯英无资产注入计划。 ...