TIP Group(SH:605255) 第一财经·2025-10-15 13:11Core Viewpoint - The company, Tianpu Co., announced that its stock will resume trading on October 16 after completing an investigation into abnormal trading fluctuations, which had led to a significant price increase and associated risks [1][2]. Group 1: Stock Trading and Price Fluctuations - Tianpu Co.'s stock price experienced a continuous increase, hitting the daily limit for 15 consecutive trading days from August 22 to September 23, resulting in a total rise of 317.72% [3]. - The company highlighted that the stock price had deviated significantly from its fundamental value, indicating a risk of a sharp decline at any moment [3]. - The external circulation of shares is relatively small, which raises concerns about irrational speculation [3]. Group 2: Acquisition and Compliance - The acquiring party, Zhonghao Xinying, has initiated the process for its independent initial public offering (IPO) and is currently undergoing a restructuring phase [5]. - The acquisition does not involve any asset injection plans, and the acquiring party aims to maintain Tianpu Co.'s listing status [5]. - If the proportion of public shareholders falls below 25% of the total share capital upon the completion of the offer, Tianpu Co. may face risks related to its listing conditions [5]. - The share transfer is subject to compliance confirmation from the Shanghai Stock Exchange and must undergo registration procedures with the China Securities Depository and Clearing Corporation, introducing uncertainty regarding the approval process and timeline [5].