TIP Group(SH:605255) 中国基金报·2025-08-22 08:52Core Viewpoint - The founder of Zhonghao Xinying, Yang Gongyifan, plans to take control of Tianpu Co., Ltd. through a share transfer, which will result in Zhonghao Xinying and Hainan Xinfan holding a combined 50.01% stake in Tianpu Co., making Yang the actual controller of the company [2][4]. Summary by Sections Share Transfer Details - On August 21, Tianpu Co. announced that its controlling shareholders would transfer a total of 10.75% of shares to Zhonghao Xinying via an agreement. If completed, Yang Gongyifan will become the actual controller of Tianpu Co. [2][5]. - The share transfer is part of a larger capital increase plan, where Zhonghao Xinying and Hainan Xinfan will also invest in Tianpu Holdings, with Yang controlling the company through these entities [6]. Company Background - Tianpu Co. specializes in the research, production, and sales of polymer materials for automotive fluid pipeline systems and sealing system components, positioning itself as a leading player in the domestic automotive rubber hose industry [9]. Financial Performance - Tianpu Co.'s revenue for 2023, 2024, and the first quarter of 2025 is reported to be 348 million yuan, 342 million yuan, and 81 million yuan, respectively, with net profits of 31 million yuan, 33 million yuan, and 9 million yuan [9]. Market Reaction - Following the announcement of the share transfer, Tianpu Co. was suspended from trading on August 15 and resumed trading on August 22, opening with a limit-up at 29.30 yuan per share, resulting in a market capitalization of 3.929 billion yuan [2][3]. Strategic Implications - Zhonghao Xinying aims to leverage its core technology in chip development and industry resources to enhance Tianpu Co.'s operational efficiency and promote long-term growth [11]. - The share transfer agreement includes performance commitments, ensuring that Tianpu Co.'s existing business maintains positive net profits post-acquisition [11].