7倍大牛股搭上AI芯片，跑出15连板

Core Viewpoint - Tianpu Co., Ltd. has experienced a remarkable stock performance, with a 790% increase this year and a market capitalization surge from under 4 billion to 13.564 billion yuan, driven by a strategic acquisition by AI chip company Zhonghao Xinying [1][2][3] Group 1: Stock Performance - Tianpu Co., Ltd. has achieved a continuous 15-day limit-up on its stock, with an opening price of 111.28 yuan [1] - The stock has seen a cumulative increase of nearly 300% since August 22, 2023, highlighting significant investor interest [2] Group 2: Acquisition Details - Zhonghao Xinying plans to acquire control of Tianpu Co., Ltd. through a combination of share transfer and capital increase, indicating a strategic move to leverage Tianpu as a shell for its listing [2][3] - Zhonghao Xinying intends to purchase 10.75% of Tianpu's shares at 23.98 yuan per share, totaling 346 million yuan, while also bringing in a new investor, Fang Donghui, for additional capital [3][4] Group 3: Financial Performance - For the first half of 2025, Tianpu reported revenue of 151 million yuan, a year-on-year decline of 3.44%, and a net profit of 11.298 million yuan, down 16.08% [3] Group 4: Market Reactions - The market has reacted positively to the merger between a traditional manufacturing company and an AI chip innovator, with investors anticipating significant growth opportunities for Tianpu [4] Group 5: Regulatory Concerns - The acquisition has raised regulatory scrutiny, particularly regarding Zhonghao Xinying's funding sources and the potential for insider trading related to Tianpu's stock price fluctuations [7][8] - Tianpu's stock valuation has diverged significantly from its fundamentals, with a TTM P/E ratio of 483 and a P/B ratio of 18.46, far exceeding industry averages [8][9]