TIP Group(SH:605255) Shang Hai Zheng Quan Bao·2025-09-11 01:20Core Viewpoint - Tianpu Co., Ltd. has announced a second suspension for stock trading due to abnormal fluctuations after experiencing 11 consecutive trading days of price increases, raising concerns about trading risks and regulatory scrutiny [1][2][3]. Group 1: Stock Trading and Suspension - Tianpu Co., Ltd. suspended trading on September 11, 2025, following a significant rise in stock price, which had increased by 185.29% over 11 trading days [6][8]. - The company had previously suspended trading for similar reasons just a week prior, indicating ongoing volatility in its stock price [3][4]. Group 2: Reasons for Price Fluctuations - The stock price surge is linked to an announcement made on August 21, 2025, regarding a change in control, where the former controlling shareholder transferred 10.75% of shares to a technology company focused on AI hardware [4][5]. - Regulatory bodies have expressed concern over the legitimacy of the funding sources for the acquisition and the potential for insider trading [4][8]. Group 3: Financial Performance and Risks - As of September 10, 2025, Tianpu Co., Ltd. reported a closing price of 76.00 yuan per share, with a price-to-earnings ratio of 329.8, significantly higher than the industry average of 30.8 [6][8]. - The company has highlighted 11 types of risks associated with its stock, including the potential for rapid price declines and the lack of a clear plan for future business operations [6][7]. - The company’s revenue for the first half of 2025 was 151 million yuan, reflecting a year-on-year decline of 3.44%, while net profit decreased by 16.08% to 11.3 million yuan [7][8].