TIP Group(SH:605255) Zhong Guo Ji Jin Bao·2025-08-22 08:53Core Viewpoint - The founder of Zhonghao Xinying, Yang Gongyifan, plans to take control of Tianpu Co., Ltd. through a share transfer agreement, which will result in Zhonghao Xinying and Hainan Xinfan holding a combined 50.01% stake in Tianpu Holdings, making Yang the actual controller of Tianpu Co., Ltd. [1][5] Group 1: Share Transfer Details - Tianpu Holdings, Tianxing Trading, and You Jianyi intend to transfer a total of 10.75% of Tianpu Co., Ltd.'s shares to Zhonghao Xinying [1][3] - Following the transfer, You Jianyi will hold 6.71%, Tianpu Holdings will hold 49.54%, and Zhonghao Xinying will hold 10.75% of the shares [4] - The transfer will trigger a mandatory tender offer, requiring Zhonghao Xinying to make an offer to all public shareholders [5] Group 2: Company Background and Financials - Zhonghao Xinying is recognized as a "star enterprise" with core technology in TPU architecture AI chips and has achieved mass production [2] - Tianpu Co., Ltd. specializes in the research, production, and sales of polymer materials for automotive fluid pipeline systems and sealing system components [7] - Tianpu Co., Ltd. reported revenues of 348 million yuan, 342 million yuan, and 81 million yuan for 2023, 2024, and Q1 2025, respectively, with net profits of 31 million yuan, 33 million yuan, and 9 million yuan [7] Group 3: Market Reaction and Future Plans - Following the announcement, Tianpu Co., Ltd. experienced a trading halt and subsequently opened with a limit-up on August 22, closing at 29.30 yuan per share, with a market capitalization of 3.929 billion yuan [2] - Zhonghao Xinying aims to leverage its chip development expertise to enhance Tianpu Co., Ltd.'s operational efficiency and long-term growth [10] - Zhonghao Xinying has committed to completing an IPO by 2026, with backing from other listed companies [11][14]