Group 1 - The core viewpoint of the news is that Tianmai Technology's stock has experienced fluctuations, with a current price of 60.25 CNY per share and a market capitalization of 4.099 billion CNY, while the company has shown significant growth in stock price over various time frames [1] - As of January 12, 2025, Tianmai Technology's stock has increased by 9.17% year-to-date, 2.00% over the last five trading days, 19.69% over the last 20 days, and 54.09% over the last 60 days [1] - The company specializes in providing comprehensive solutions for urban public transport operations, management, and services based on vehicle networking technology, with its main revenue sources being intelligent scheduling systems (49.34%) and software products (29.67%) [1] Group 2 - Tianmai Technology belongs to the computer industry, specifically in the sub-sector of computer equipment, and is associated with concepts such as satellite navigation, cold chain logistics, and autonomous driving [2] - For the period from January to September 2025, Tianmai Technology reported a revenue of 87.6863 million CNY, representing a year-on-year growth of 57.08%, while the net profit attributable to the parent company was -15.3507 million CNY, reflecting a 70.97% increase year-on-year [2] - The company has distributed a total of 47.4957 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3]

Group 1 - Tianmai Technology's stock increased by 5.25%, reaching 48.10 CNY per share, with a trading volume of 1.09 billion CNY and a turnover rate of 4.52%, resulting in a total market capitalization of 3.273 billion CNY [1] - The company, Zhengzhou Tianmai Technology Co., Ltd., was established on April 13, 2004, and went public on December 19, 2019. Its main business involves providing comprehensive solutions for urban public transport operations, management, and services based on Internet of Vehicles technology [1] - The revenue composition of Tianmai Technology includes: Intelligent Dispatch System (49.34%), Software Products and Others (29.67%), Vehicle Remote Monitoring System (9.77%), Intelligent Bus Payment System (7.28%), Taxi Operation Supervision System (2.87%), and New Energy Charging Monitoring System (1.07%) [1] Group 2 - Among Tianmai Technology's top circulating shareholders, a fund under Dacheng Fund ranks as a significant stakeholder. The Dacheng CSI 360 Internet + Index A (002236) entered the top ten circulating shareholders in the third quarter, holding 406,800 shares, which is 0.78% of the circulating shares [2] - The Dacheng CSI 360 Internet + Index A (002236) has a current scale of 788 million CNY and has achieved a year-to-date return of 41.31%, ranking 812 out of 4206 in its category. Over the past year, it has returned 38.68%, ranking 795 out of 4012, and since inception, it has returned 233.29% [2]

Core Viewpoint - Tianmai Technology's stock has experienced fluctuations, with a year-to-date increase of 49.79% and a recent decline of 2.03% on November 7, 2023, indicating volatility in investor sentiment and market performance [1][2]. Company Overview - Tianmai Technology, established on April 13, 2004, and listed on December 19, 2019, is based in Zhengzhou, Henan Province. The company specializes in providing comprehensive solutions for urban public transport operations, management, and services based on vehicle networking technology [2]. - The company's revenue composition includes: Intelligent Dispatch System (49.34%), Software Products and Others (29.67%), Vehicle Remote Monitoring System (9.77%), Intelligent Bus Cashier System (7.28%), Taxi Operation Supervision System (2.87%), and New Energy Charging Monitoring System (1.07%) [2]. Financial Performance - For the period from January to September 2025, Tianmai Technology achieved operating revenue of 87.6863 million yuan, representing a year-on-year growth of 57.08%. However, the net profit attributable to the parent company was -15.3507 million yuan, reflecting a year-on-year increase of 70.97% in losses [2]. - Since its A-share listing, the company has distributed a total of 47.4957 million yuan in dividends, with no dividends paid in the last three years [3]. Shareholder and Market Activity - As of September 30, 2025, the number of shareholders for Tianmai Technology was 10,300, an increase of 6.12% from the previous period. The average circulating shares per person decreased by 5.77% to 5,050 shares [2]. - The stock has appeared on the "Dragon and Tiger List" three times this year, with the most recent instance on January 10, 2025, where it recorded a net buy of -47.5158 million yuan [1].