Tianpu Co., Ltd: Received an inquiry letter from the Shanghai Stock Exchange, requesting an explanation of the main considerations for the personnel arrangements involving the upcoming changes of leadership.
Tianpu Group announcement: On January 14, 2026, the company received an inquiry letter from the Shanghai Stock Exchange regarding the succession of directors and senior management of Ningbo Tianpu Rubber Technology Co., Ltd. The company had previously disclosed in multiple announcements that ZHCS Tech does not have a clear plan to change the company's main business or make significant adjustments to the main business within the next 12 months, and has no plans for asset injection. However, except for the General Manager Fan Jianhai, the newly elected personnel have no relevant experience in Tianpu Group's original automotive parts business. The inquiry letter requested a full explanation of the main considerations regarding the personnel arrangements for this succession, the operational management plan for the company's original business, whether the personnel have the capability to hold their positions, whether the arrangements are beneficial to the development of the company's main business, whether they are in the company's interest, whether there have been significant changes to the plans for the company's main business, and whether the arrangements conflict with previously disclosed information.
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