天普股份：股价异常波动

Core Viewpoint - The company announced an abnormal stock price fluctuation with a cumulative increase of 20% from November 24 to 26, 2025, indicating potential volatility in the market [1] Financial Performance - For the first three quarters of 2025, the company's revenue was 230.3726 million yuan, a year-on-year decrease of 4.98% [1] - The net profit for the same period was 17.8508 million yuan, reflecting a year-on-year decline of 2.91% [1] Shareholding and Acquisition Risks - As of November 25, the proportion of shares accepted for the tender offer was 0.00276%, raising concerns about the risk of falling below the 25% public shareholding requirement upon the expiration of the offer [1] - The company faces risks related to short-term stock price volatility, high cumulative increase, and elevated price-to-earnings and price-to-book ratios compared to the industry [1] - There are warnings about potential insider trading leading to transaction termination and the possibility of the acquirer not injecting assets [1]