股价狂飙超450%，605255，再次停牌核查！

Core Viewpoint - Tianpu Co., Ltd. announced a suspension of trading due to significant stock price fluctuations and a cumulative increase of 451.80% from August 22 to November 27, indicating a serious deviation from the company's fundamentals [1][2]. Stock Performance - The stock price of Tianpu Co., Ltd. experienced a continuous rise, hitting the daily limit for 15 consecutive trading days from August 22 to September 23, and multiple limit-ups from October 16 to November 27 [2]. - As of November 27, the closing price was 147 CNY per share, with a price-to-earnings (P/E) ratio of 605.87 and a price-to-book (P/B) ratio of 24.43 [3]. Industry Comparison - The automotive parts industry has an average P/E ratio of 29.71 and a P/B ratio of 3.05, indicating that Tianpu Co., Ltd.'s ratios are significantly higher than the industry average [6]. Control Change and Market Rumors - Tianpu Co., Ltd. clarified that the acquiring party, Zhonghao Xinying, has initiated an independent IPO and has no plans to inject assets into Tianpu or change its main business operations in the next 12 months [7][8]. - The transfer of control to Zhonghao Xinying has been confirmed, with 25.14 million shares (18.75% of total shares) transferred, but the actual controlling shareholder remains unchanged [9]. Financial Performance - For the first three quarters of 2025, Tianpu Co., Ltd. reported a revenue of 230 million CNY, a decrease of 4.98% year-on-year, and a net profit attributable to shareholders of 17.85 million CNY, down 2.91% year-on-year [10]. - The decline in performance is attributed to decreased sales amid significant challenges in the global automotive industry, particularly due to the rise of electric vehicles impacting demand for traditional automotive products [10].