中昊芯英系高管入主、主业与IPO计划前后冲突，天普股份被立案又遭问询

Core Viewpoint - The company Tianpu Co., Ltd. (605255.SH) is facing scrutiny from the Shanghai Stock Exchange due to a board reshuffle and executive appointments, raising concerns about its business direction and management capabilities [2][3]. Group 1: Board Reshuffle and Management Appointments - Tianpu Co., Ltd. announced the appointment of new board members and executives, including Yang Gongyifan as chairman and Chen Jiewen as vice general manager and CFO, with concerns that these individuals lack experience in the company's original automotive parts business [2]. - The Shanghai Stock Exchange has inquired about the rationale behind these appointments, the management plans for the company's existing business, and whether these changes align with the company's interests [2][3]. Group 2: IPO Plans and Independence - Tianpu Co., Ltd. has previously stated that its acquirer, Zhonghao Xinying (Hangzhou) Technology Co., Ltd., is pursuing an independent IPO and has no plans for a reverse merger with the listed company within the next 36 months [3]. - The exchange has requested clarification on how the appointments of Zhonghao Xinying's former executives to Tianpu Co., Ltd. could impact its independent IPO plans and whether these arrangements conflict with prior disclosures [3]. Group 3: Regulatory Investigations - The company is currently under investigation by the China Securities Regulatory Commission for alleged significant omissions in announcements related to abnormal stock trading [4]. - Following the completion of the share transfer to Zhonghao Xinying, Tianpu Co., Ltd. established a wholly-owned subsidiary, Hangzhou Tianpu Xincai Technology Co., Ltd., focusing on integrated circuit design and artificial intelligence services [4][5]. Group 4: Financial Performance - For the first three quarters of 2025, Tianpu Co., Ltd. reported a revenue of 230 million yuan, a year-on-year decrease of 4.98%, and a net profit of 17.85 million yuan, down 2.91% from the previous year [6].