TIP Group(SH:605255) Hua Xia Shi Bao·2026-01-16 09:32Group 1 - The new controlling shareholder, Zhonghao Xinying, has taken over Tianpu Co., leading to a board reshuffle and subsequent inquiries from the Shanghai Stock Exchange regarding the qualifications of newly appointed directors and senior management [2][3][4] - The inquiry highlighted that most of the new appointees lack relevant experience in the automotive parts industry, which contradicts previous announcements stating there would be no asset injection plans within 12 months [4][5] - Following the announcement of the change in control, Tianpu's stock price experienced a significant drop, closing at the daily limit down on January 15 and continuing to decline on January 16 [2][3] Group 2 - The Shanghai Stock Exchange has requested clarification on the implications of the new appointments for Zhonghao Xinying's independent IPO plans, as the new management's roles may conflict with prior commitments to maintain independence [5][6] - Tianpu Co. was originally focused on rubber hoses and components for the automotive sector, but the change in control raises the possibility of a shift towards AI chip production, given Zhonghao Xinying's expertise in that field [6][7] - The stock price of Tianpu Co. surged by 1631.7% in 2025, driven by market speculation regarding the potential for Zhonghao Xinying to leverage Tianpu as a vehicle for its IPO [6][7] Group 3 - The company has been placed under investigation by regulators due to inconsistencies between its recent actions and prior disclosures, which may lead to significant repercussions for the involved parties [9] - The new board of directors has been established, replacing the previous secretary who was implicated in the discrepancies, indicating a shift in governance [9]