Core Viewpoint - Tianpu Co., Ltd. announced that its stock will resume trading on December 3, 2025, after completing a review of recent trading activities [1]. Group 1: Stock Trading and Resumption - The company applied to the Shanghai Stock Exchange for the resumption of its stock trading, which will take effect on December 3, 2025 [1]. - The stock was suspended from trading on December 2, 2025, following a significant increase in trading activity [3]. Group 2: Stock Price and Market Performance - Tianpu's stock price surged by 451.80% from August 22, 2025, to November 27, 2025, indicating substantial trading risks and a significant deviation from the company's fundamentals [4]. - As of November 27, 2025, the company's price-to-earnings (P/E) ratio was reported at 605.87, which is significantly higher than the industry average [4]. Group 3: Acquisition and Offer Details - The company confirmed that the acquirer, Zhonghao Xinying, has initiated its own IPO process and does not plan to use Tianpu for a backdoor listing within the next 36 months [4]. - The offer period for the acquisition is set for 30 calendar days, from November 20, 2025, to December 19, 2025, with specific conditions for shareholders regarding acceptance and withdrawal of the offer [5].
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