Group 1 - *ST Tianmao's stock will be delisted on September 30, 2025 [1] - Duori Pharmaceutical is planning a change in control and will suspend trading from September 29 [2] - Zhonghuan Environmental is also planning a change in control and will suspend trading from September 29 [3] Group 2 - Yidao Information is planning to acquire Langguo Technology and become its controlling shareholder, suspending trading from September 29 [3] - Zhiguang Electric is planning to purchase minority stakes in its subsidiary Zhiguang Energy, suspending trading from September 29 [4] - Guanzhong Ecology's controlling shareholder intends to change to Deep Blue Finance Whale, with trading resuming on September 29; the company plans to acquire 51% of Hangzhou Actuary [5] Group 3 - Xindazheng intends to acquire 75.15% of Jiaxin Liheng to expand its business reach [6] - Boqian New Materials signed a strategic cooperation agreement, estimating sales of nickel powder products between 4.3 billion to 5 billion yuan [7] - Zhongxin Co. faces significant impact from the U.S. Department of Commerce's final ruling on anti-dumping investigations against thermoplastic molded fiber products from China and Vietnam [7] Group 4 - Xin Guang Optoelectronics' chairman and general manager, Kang Weimin, has been placed under detention measures [8] - Yalake Co. has commenced trial production for its 40,000 tons/year integrated lithium salt project [9] - United Precision's two actual controllers plan to collectively reduce their holdings by no more than 3% [10] Group 5 - Keli'er's actual controller and chairman, Nie Pengju, plans to reduce his holdings by no more than 2% [11] - Jinhaitong's Xunuo Investment plans to reduce its holdings by no more than 3% [12] - Jingsong Intelligent's Anyuan Investment plans to reduce its holdings by no more than 2.68% [13]

Core Viewpoint - *ST Tianmao has voluntarily applied for the termination of its stock listing, with the last trading day set for September 30, 2025, after receiving approval from the Shenzhen Stock Exchange [1][3]. Group 1: Termination of Listing - On September 25, *ST Tianmao received a decision from the Shenzhen Stock Exchange approving the voluntary termination of its stock listing [1]. - The company submitted its application for voluntary delisting on September 10, 2025, which was formally accepted by the exchange [3]. Group 2: Transition to New Trading System - After the termination of its listing, *ST Tianmao's shares will be transferred to the National Equities Exchange and Quotations (NEEQ) for management in the delisted segment [1][3]. Group 3: Cash Option for Investors - The company has provided investors with a cash option at a price of 1.60 CNY per share, with approximately 1.442 billion cash options effectively declared during the application period [5]. - As of July 18, 2025, there were a total of 112,000 shareholders, and the last trading price before suspension was 1.58 CNY per share, giving the company a market capitalization of approximately 7.7 billion CNY [5].

Group 1 - The core point of the article is that *ST Tianmao (000627) has announced its decision to voluntarily delist its shares, with the delisting scheduled for September 30, 2025 [2] - The company will provide investors with a cash option, with an exercise price of 1.60 yuan per share [5] - Approximately 1.442 billion cash options have been effectively declared during the cash option declaration period, and the settlement of these options has been completed [5] Group 2 - As of July 18, 2025, *ST Tianmao has a total of 112,000 shareholders, and the last trading price before suspension was 1.58 yuan per share, giving it a market capitalization of approximately 7.7 billion yuan [5] - The stock will transition to the National Equities Exchange and Quotations (NEEQ) for trading in the delisted segment [2]

Core Viewpoint - *ST Tianmao has received approval from the Shenzhen Stock Exchange for the voluntary termination of its stock listing, with the delisting scheduled for September 30, 2025 [1][3]. Group 1: Termination of Listing - On September 25, *ST Tianmao announced that it received the decision from the Shenzhen Stock Exchange regarding the termination of its stock listing [1]. - The company submitted its application for voluntary delisting on September 10, 2025, which was formally accepted by the exchange [3]. - The stock will transition to the National Equities Exchange and Quotations (NEEQ) for management in the delisting segment after termination [1][3]. Group 2: Cash Option for Investors - The company is providing investors with a cash option at a price of 1.60 yuan per share [5]. - Approximately 1.442 billion cash options were effectively declared during the application period, and the settlement for these options has been completed [5]. - As of July 18, 2025, there were 112,000 shareholders, with the last trading price before suspension being 1.58 yuan per share, resulting in a market capitalization of approximately 7.7 billion yuan [5].

Core Viewpoint - *ST Tianmao (000627) has announced its decision to voluntarily delist its shares from the Shenzhen Stock Exchange, with the delisting set to occur on September 30, 2025 [2][5]. Group 1: Delisting Announcement - On September 28, *ST Tianmao received a notice from the Shenzhen Stock Exchange regarding the termination of its stock listing [2]. - The company submitted its application for voluntary delisting on September 10, 2025, which was officially accepted by the exchange [5]. - The decision to delist was approved during the company's board meeting on August 8, where it was resolved to withdraw its A-share listing [5]. Group 2: Post-Delisting Arrangements - After the delisting, *ST Tianmao's shares will be transferred to the National Equities Exchange and Quotations (NEEQ) for management in the delisted segment [3]. - The company has provided investors with a cash option for their shares, with an exercise price set at 1.60 CNY per share [8]. - Approximately 1.442 billion cash options were effectively declared during the cash option application period, and the settlement for these options has been completed [8]. Group 3: Shareholder Information - As of July 18, 2025, *ST Tianmao had a total of 112,000 shareholders [9]. - The last trading price before the suspension was 1.58 CNY per share, giving the company a market capitalization of approximately 7.7 billion CNY [9].

Core Points - *ST Tianmao (000627) announced on September 28 that it received a decision from the Shenzhen Stock Exchange regarding the termination of its stock listing, which will take effect on September 30 [1] - Following the termination and delisting, the company's stock will be transferred to the National Equities Exchange and Quotations (NEEQ) for management in the delisted segment [1] Summary by Category Company Announcement - The company disclosed that it voluntarily agreed to terminate its stock listing [1] - The stock will be delisted on September 30 [1] Market Impact - The decision allows the company's shares to be traded in the NEEQ's delisted segment, managed by the original securities company [1]

证券代码：000627 证券简称：*ST天茂 公告编号：2025-065 天茂实业集团股份有限公司 关于股票终止上市暨摘牌的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 特别提示： 2025年9月25日，天茂实业集团股份有限公司（以下简称"公司"）收到深圳 证券交易所（以下简称"深交所"）《关于天茂实业集团股份有限公司股票终止 上市的决定》（深证上〔2025〕1051号），同意公司股票主动终止上市。公司股 票将在2025年9月30日摘牌。 2025年9月25日，公司收到深交所《关于天茂实业集团股份有限公司股票终止 上市的决定》（深证上〔2025〕1051号）。鉴于公司股票被深交所决定终止上市， 根据《深圳证券交易所股票上市规则》《关于退市公司进入退市板块挂牌转让的 实施办法》等的相关规定，公司应当在股票被终止上市后及时做好相关工作，以 确保公司股份在摘牌后四十五个交易日内可以进入全国中小企业股份转让系统有 限责任公司（以下简称"全国股转公司"）依托原证券公司代办股份转让系统设 立并代为管理的两网公司及退市公司板块（以下简称"退市板块"）挂牌转让。 一、终 ...

Core Viewpoint - *ST Tianmao (000627.SZ) has announced its decision to voluntarily delist from the Shenzhen Stock Exchange, with the last trading day set for September 30, 2025 [1] Group 1 - The company received a formal decision from the Shenzhen Stock Exchange regarding the termination of its stock listing [1] - The delisting decision is effective as of September 25, 2025 [1] - The company's stock will be officially removed from trading on September 30, 2025 [1]

Core Viewpoint - The company *ST Tianmao has received a decision from the Shenzhen Stock Exchange to terminate its stock listing due to continuous financial losses and failure to meet reporting obligations [1][5]. Group 1: Company Overview - *ST Tianmao was established in November 1993 and listed on the Shenzhen Stock Exchange in November 1996, primarily engaged in various personal insurance businesses including life, health, and accident insurance [4]. Group 2: Delisting Process - The company announced its intention to voluntarily delist on August 8, 2023, submitted the delisting application on September 4, and the Shenzhen Stock Exchange accepted the application on September 10, with the final decision made on September 25, 2023, completing the delisting process in approximately two months [3][5]. Group 3: Financial Performance - The company's net profit attributable to shareholders has declined for four consecutive years, with significant losses in the last two years. The net profit figures from 2020 to 2023 show a decline of 67.32%, 18.88%, 41.78%, and 337.82%, respectively. In 2023, the company reported a net loss of 650 million yuan, and for the first three quarters of 2024, the loss was 333 million yuan [5]. - The company projected a net loss of 500 million to 750 million yuan for 2024, with a non-recurring net profit loss forecasted between 503 million and 753 million yuan [5]. Group 4: Regulatory Compliance and Risks - Prior to the voluntary delisting, the company had issued multiple risk warning announcements regarding the potential for termination of its listing due to its inability to disclose the 2024 annual report and the 2025 Q1 report within the statutory timeframe [6]. - Since 2025, a total of 25 listed companies, including B-share companies, have completed the delisting process, with nine companies facing financial delisting, indicating a broader trend in the market [6].

Core Viewpoint - The company *ST Tianmao has been delisted from the Shenzhen Stock Exchange due to continuous financial losses and has initiated a voluntary delisting process, which took approximately two months to complete [1][2][4]. Summary by Sections Delisting Announcement - On September 25, *ST Tianmao received a decision from the Shenzhen Stock Exchange to terminate its stock listing, effective within five trading days [1][2]. - The company will not enter a delisting transition period as it voluntarily chose to delist [2]. Company Background - *ST Tianmao was established in November 1993 and listed on the Shenzhen Stock Exchange in November 1996, primarily engaging in various life and health insurance businesses [4]. Financial Performance - The company's financial performance has deteriorated for four consecutive years, with significant losses in the last two years [5]. - From 2020 to 2023, the net profit attributable to shareholders decreased by 67.32%, 18.88%, 41.78%, and 337.82%, respectively [5]. - In 2023, the company reported a net loss of 650 million yuan, and for the first three quarters of 2024, the loss was 333 million yuan [5]. - A forecast for 2024 indicated expected losses between 500 million to 750 million yuan [5]. Delisting Process - The entire delisting process took about two months, starting from the initial announcement of voluntary delisting on August 8 [2][4]. - Prior to the delisting, the company had issued multiple risk warnings regarding the potential for termination of its listing [6]. Industry Context - Since 2025, a total of 25 companies, including B-share companies, have completed the delisting process, with various reasons including financial issues and voluntary delisting [6].