TIP Group(SH:605255) Zheng Quan Shi Bao·2025-09-17 18:20Core Viewpoint - Tianpu Co., Ltd. (605255) will resume trading on September 18, 2025, after being suspended due to significant stock price fluctuations and trading risks [1][3]. Group 1: Stock Performance and Trading Suspension - The company's stock price experienced a continuous increase, with 11 consecutive trading days of涨停 (price limit up), resulting in a total increase of 185.29% from August 22 to September 10, 2025 [3][5]. - The stock was suspended for review due to abnormal trading activity, with the last trading day before suspension being September 10, 2025, when the closing price was 76.00 yuan per share [1][5]. Group 2: Shareholding Structure and Acquisition - Tianpu's total share capital is 13.408 million shares, with the controlling shareholder holding 10.056 million shares, accounting for 75% of the total [5]. - An acquisition led by Zhonghao Xinying (Hangzhou) Technology Co., Ltd. aims to gain control of Tianpu through various means, with a total investment exceeding 2.1 billion yuan [5][6]. - After the completion of the acquisition, Zhonghao Xinying and its partners will hold a combined 50.01% of Tianpu, while the original controlling shareholder's stake will decrease to 25% [6]. Group 3: Company Background and Future Plans - Zhonghao Xinying, founded in October 2020, focuses on high-performance AI chips and has completed nine rounds of financing, with a valuation of 4.412 billion yuan [6]. - The company has no immediate plans to change Tianpu's main business or make significant adjustments within the next 12 months [7]. - There are uncertainties regarding the completion of the acquisition process, as the funding from one of the acquirers has not yet been secured [7]. Group 4: Financial Performance - For the first half of 2025, Tianpu reported revenue of 151 million yuan, a year-on-year decrease of 3.44%, and a net profit of 11.298 million yuan, down 16.08% year-on-year [8].