Core Viewpoint - Tianpu Co., Ltd. announced a suspension of trading for stock price volatility investigation after experiencing a significant price surge, with a cumulative increase of 135.77% over nine consecutive trading days [2][4]. Group 1: Stock Trading and Suspension - Tianpu Co., Ltd. will suspend trading starting September 4, 2025, to investigate the abnormal fluctuations in stock prices that occurred from August 22 to September 3, 2025 [2][4]. - The company stated that its fundamentals have not changed significantly, but the stock price has deviated greatly from its fundamental value, indicating a potential risk of rapid decline [4][7]. Group 2: Recent Performance and Market Reaction - During the period from August 22 to September 3, 2025, Tianpu Co., Ltd. experienced a 135.77% increase in stock price, with the closing price reaching 62.81 yuan per share [4][9]. - The company reported a revenue of 151 million yuan for the first half of 2025, a decrease of 3.44% year-on-year, and a net profit of 11.298 million yuan, down 16.08% year-on-year [8]. Group 3: Control Change and Market Context - On August 21, 2025, Tianpu Co., Ltd. signed an agreement for a change of control, with the acquirer planning to gain control through share transfer and capital increase, potentially leading to a new actual controller [6][7]. - The market interpreted the control change as similar to other high-performing stocks, which contributed to the rapid increase in Tianpu's stock price [6].

Core Viewpoint - Tianpu Co., Ltd. announced a suspension of trading for stock price fluctuations, following a significant increase in stock price over a short period, raising concerns about potential risks to investors [4][6]. Group 1: Stock Trading and Suspension - Tianpu Co., Ltd. will suspend trading starting September 4, 2023, due to multiple instances of abnormal stock price fluctuations from August 22 to September 3, during which the stock price increased by 135.77% [4][7]. - The company stated that its fundamentals have not changed significantly, but the stock price has deviated considerably from its fundamental value, indicating a risk of rapid decline [6]. Group 2: Control Change and Market Reaction - On August 21, Tianpu Co. signed a share transfer and capital increase agreement, with the acquirer aiming to gain control of the company through these transactions [8]. - The market interpreted this control change as similar to the situation of another high-performing stock, leading to a surge in Tianpu's stock price [9]. - Tianpu Co. cautioned that the control change process has uncertainties, including the approval process and timing, and there are currently no plans for asset injection by the acquirer [9]. Group 3: Company Performance - For the first half of 2025, Tianpu Co. reported revenue of 151 million yuan, a decrease of 3.44% year-on-year, and a net profit of 11.298 million yuan, down 16.08% year-on-year [10]. - As of September 3, 2023, Tianpu's stock price was 62.81 yuan per share, with a total market capitalization of 8.4 billion yuan [10].