Core Viewpoint - Tianpu Co., Ltd. (605255) is set to resume trading on December 23, 2025, after a successful takeover bid by Zhonghao Xinying, which now controls 68.28774% of the company’s shares [1][5]. Group 1: Company Overview - Tianpu Co., Ltd. has experienced a remarkable stock price increase of 1048.7% year-to-date, with a peak increase of nearly 14 times from its lowest point [3][5]. - The takeover bid was initiated by Zhonghao Xinying and its partners, with a total investment exceeding 2.1 billion yuan, where Zhonghao Xinying contributed approximately 965 million yuan [6]. Group 2: Takeover Details - The takeover group consists of Zhonghao Xinying, Hainan Xinfan Enterprise Management Partnership, and individual investor Fang Donghui, with contributions of 395 million yuan and 764 million yuan from the latter two, respectively [6]. - The new actual controller of Tianpu Co., Ltd. will be Yang Gongyifan, the chairman and general manager of Zhonghao Xinying, which was founded in October 2020 by a team led by a former Google TPU core R&D leader [6]. Group 3: Future Plans - Zhonghao Xinying has confirmed that it is pursuing an independent IPO and is currently in the process of restructuring, which is unrelated to the acquisition of Tianpu Co., Ltd. [7]. - There are no plans to change the main business of Tianpu Co., Ltd. or to conduct significant asset sales or mergers within the next 12 months [7].
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