Core Viewpoint - The acquisition of Tianpu Co., Ltd. is facing uncertainty as the funds from one of the acquirers, Hainan Chip Fan Enterprise Management Partnership, have not yet been secured, and there are currently no plans for asset injection [1] Group 1: Acquisition Details - Tianpu Co., Ltd. announced that its stock experienced a continuous rise, hitting the limit up for nine consecutive trading days from August 22 to September 3, 2025, significantly deviating from the performance of the Shanghai Composite Index and the automotive parts industry index during the same period [1] - The company confirmed that the acquisition funds from Hainan Chip Fan Enterprise Management Partnership have not been received, leading to uncertainty regarding the change of control [1] Group 2: Regulatory and Market Implications - The transfer of shares requires compliance confirmation from the Shanghai Stock Exchange and must undergo share transfer registration procedures with the China Securities Depository and Clearing Corporation Limited, Shanghai Branch [1] - The significant short-term increase in the company's stock price has led to a serious deviation from the company's fundamentals, indicating a potential risk of rapid decline in the future [1]
天普股份称收购方资金未到位且无资产注入计划