Core Viewpoint - Tianmai Technology (300807) has undergone a significant change in control, with the transfer of 26.1% of its shares to Suzhou Qichen, marking a shift in its major shareholder and actual controller [2][4]. Group 1: Share Transfer Details - On January 7, Tianmai Technology announced the completion of a share transfer, where Guo Jianguo and his associates transferred 17.7567 million shares (26.1% of total shares) to Suzhou Qichen [2][3]. - The share transfer was part of an agreement signed in January 2025, with Guo Jianguo committing not to seek control of the company [2][4]. - The actual control of the company has shifted from Guo Jianguo and his wife to Kuang Ziping, who is the actual controller of Suzhou Qichen [4]. Group 2: Company Overview - Tianmai Technology specializes in intelligent public transport operation scheduling platforms and smart vehicle electronic products, focusing on R&D, design, production, and sales [4]. - The company's main products include software for GPS public transport intelligent scheduling systems and hardware such as anti-theft coin machines and integrated vehicle terminals [4]. - The company aims to create an integrated management system for vehicles, equipment, operations, maintenance, and personnel, enhancing intelligent scheduling capabilities [4]. Group 3: New Controller Background - Kuang Ziping is the founding managing partner of Qiming Venture Partners, which manages a total of $9.5 billion in assets across various funds [5]. - He has a strong focus on investments in information technology, artificial intelligence, automation equipment, and blockchain [5]. - Kuang has been recognized multiple times in Forbes' list of the world's best venture capitalists and holds significant positions in investment associations [5].

Core Viewpoint - The article highlights the launch of the Yutong Y9PRO, a 9-meter "0" low-floor electric bus, which represents a significant advancement in public transportation, focusing on comfort, accessibility, and technological innovation in response to urbanization and demographic changes [1][18]. Group 1: Product Features - The Yutong Y9PRO addresses market demands by completing Yutong's low-floor product lineup, establishing a full range of low-floor buses from 5 to 18 meters, setting a new benchmark for technological development in the industry [3][18]. - The bus features a spacious interior, high comfort, and advanced intelligence, aiming to provide a green, comfortable, and convenient travel experience for the public [3][18]. Group 2: Power and Efficiency - The Y9PRO is equipped with a self-developed high-efficiency drive motor with a peak power of 200 kW, ensuring speed and torque during acceleration and climbing [4]. - The bus utilizes lithium iron phosphate batteries with capacities of 200.92/208.640/255.000 kWh, significantly enhancing operational efficiency and capable of withstanding extreme weather conditions [4]. Group 3: Design and Comfort - The Y9PRO features a stylish and simple exterior design, with a spacious interior layout that minimizes steps, reducing the risk of passenger injuries [7][9]. - The bus includes safety features such as an airbag and delay dual anti-pinch technology for doors, ensuring passenger safety during boarding and alighting [9]. Group 4: Capacity and Space - The overall dimensions of the Y9PRO are 8990mm in length, 2550mm in width, and 3320mm in height, optimizing internal space utilization compared to similar products [10][11]. - The bus has a maximum passenger capacity of 90, comparable to a 10-meter bus, and features a scientifically designed seating layout with up to 31 seats [13]. Group 5: Safety and Intelligence - The Y9PRO includes comprehensive safety features such as a full protective driver enclosure, anti-misstep pedals, and emergency operation systems to ensure driver safety [15]. - The bus is equipped with advanced intelligent systems, including vehicle networking capabilities, remote diagnostics, and monitoring, enhancing operational management and safety [16].