Core Viewpoint - Tianpu Co., Ltd. (605255) is planning a significant matter that may lead to a change in control of the company, as announced by its actual controller, You Jianyi [1][2]. Company Overview - Tianpu Co., Ltd. specializes in the research, development, production, and sales of polymer fluid pipeline systems and sealing system components for automobiles, serving major automotive manufacturers and suppliers [4][5]. - The company has established long-term stable relationships with high-quality clients, including Nissan, Mazda, Ford, Kubota, Jiangling, Geely, Toyota, and others [4]. Financial Performance - In 2024, Tianpu Co., Ltd. reported revenue of 342 million yuan, a decrease of 1.75% year-on-year, while net profit attributable to shareholders was 33.07 million yuan, an increase of 8.03% [6][7]. - The company invested 21.65 million yuan in R&D in 2024, completing 36 new formulations and 18 improvements to existing processes, with 28 projects entering mass production [6]. - The projected total sales for new projects under development is 702 million yuan [6]. Recent Developments - In Q1 2025, Tianpu Co., Ltd. achieved revenue of 81.16 million yuan and a net profit of 8.73 million yuan [8]. - As of August 14, 2023, the stock price was 26.64 yuan per share, with a market capitalization of 3.6 billion yuan, reflecting a year-to-date increase of over 110% [8].