Group 1 - The core viewpoint of the article highlights the growth of the insurance industry in Hubei Province, with a total original insurance premium income of 109.35 billion yuan from January to April 2025, representing a year-on-year increase of 2.53% [1] - Life insurance accounted for the highest proportion of the total original insurance premium income in Hubei Province, amounting to 68.682 billion yuan, which is 62.81% of the total [1] - The article references a report by Zhiyan Consulting that analyzes the development and investment prospects of the Chinese insurance industry from 2025 to 2031 [1] Group 2 - Listed companies mentioned include Tianmao Group, China Ping An, China Pacific Insurance, China Life, China Insurance, and Xinhua Insurance [1] - The data source for the statistics provided is the National Financial Supervision Administration, organized by Zhiyan Consulting [1] - Zhiyan Consulting is described as a leading industry consulting agency in China, specializing in in-depth industry research and providing comprehensive consulting services for investment decisions [1]

证券代码：000627 证券简称：*ST天茂 公告编号：2025-062 天茂实业集团股份有限公司 关于以股东会决议方式主动终止公司股票上市 现金选择权行权暨实施的提示性公告 特别提示： 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。 1、天茂实业集团股份有限公司（以下简称"天茂集团"或"公司"）股票 （证券简称：*ST天茂，证券代码：000627）已自2025年8月14日开市时起开始连 续停牌。本次以股东会决议方式主动终止公司股票上市事项已经公司2025年第一 次临时股东会审议通过。根据本次主动终止公司股票上市相关方案，公司目前已 完成现金选择权权利派发，公司股票进入行权申报、行权清算交收阶段，不再交 易。敬请广大投资者注意投资风险。 满足条件的A股股东所持的每1股有权行使现金选择权的股票获派1份现金选择 权权利，获得现金选择权权利的A股股东可于现金选择权申报期间以其所持有的公 司股票按照现金选择权的行权价格（1.60元/股）全部或部分申报行使现金选择权， 并在清算交收后获得现金对价。 公司股票进入退市板块后深股通投资者可能无法进行股票转让，提请深股通 投资者 ...

Group 1 - The average stock price of A-shares is 13.49 yuan, with 24 stocks priced below 2 yuan, the lowest being *ST Gao Hong at 0.51 yuan [1] - Among the low-priced stocks, 12 are ST stocks, accounting for 50% of the total [1] - The Shanghai Composite Index closed at 3831.66 points as of September 18 [1] Group 2 - Among the low-priced stocks, 11 increased in price today, with the highest gainers being Yongtai Energy (up 10.32%), Liao Port Co. (up 2.75%), and *ST Su Wu (up 2.15%) [1] - Conversely, 11 stocks decreased in price, with the largest declines seen in Rongsheng Development (down 8.54%), *ST Gao Hong (down 5.56%), and Zhitian Tui (down 5.36%) [1] - The stock price performance of low-priced stocks shows a mixed trend, indicating volatility in this segment [1]

Group 1: New Stock Issuances - Cash option declaration period for *ST Tianmao (000627) is from September 15 to September 19, 2025[1] - *ST Zitian (300280) has 11 trading days remaining until the last trading day during the delisting arrangement period[1] - *ST Dongtong (300379) has reported severe abnormal fluctuations in stock price[1] Group 2: Market Alerts - Jiushi Media (601929) has experienced significant abnormal fluctuations in stock price[1] - Xian Dao Intelligent (300450) has reported severe abnormal fluctuations in stock price[1] - Hangke Technology (688006) has issued a notice regarding stock performance[1] Group 3: Trading Notifications - Shanghai Construction (600170) has issued a trading notification on September 18, 2025[1] - Junsheng Electronics (600699) has issued a trading notification on September 18, 2025[1] - ST Changyuan (600525) has issued a trading notification on September 18, 2025[1]

Core Viewpoint - Tianmao Group has voluntarily terminated its stock listing, and shareholders are entitled to cash options based on their holdings [1][3]. Group 1: Stock Suspension and Cash Options - Tianmao Group's stock has been suspended from trading since August 14, 2025, following a resolution passed at the first extraordinary general meeting of 2025 [1]. - Shareholders holding eligible A-shares will receive one cash option for each share held, with a cash option exercise price set at 1.60 yuan per share [1][8]. - The cash option exercise period is from September 15 to September 19, 2025, during specific trading hours [2][11]. Group 2: Conditions for Exercising Cash Options - Eligible shareholders must not have shares that are restricted, frozen, or pledged when exercising cash options [5][12]. - Shareholders must transfer shares from margin accounts to regular accounts before the cash option exercise period [13][14]. - If shareholders do not submit a valid exercise request during the specified period, they will forfeit their cash options [2][20]. Group 3: Cash Option Details - A total of 1,579,130,703 cash options will be distributed to eligible shareholders [8]. - The cash option's value is calculated at 0.15 yuan, with a Delta value of -0.4759, indicating a slight premium of -1.25% compared to the stock's last closing price of 1.58 yuan [10]. - The cash options will not be listed for trading [8]. Group 4: Execution and Settlement Process - The cash option exercise requests must be submitted through the Shenzhen Stock Exchange trading system [11]. - The settlement of exercised cash options will occur on the day following the exercise period, with a full non-guaranteed settlement process [15].

现金选择权行权暨实施的提示性公告 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： 1、天茂实业集团股份有限公司（以下简称"天茂集团"或"公司"）股票 （证券简称：*ST天茂，证券代码：000627）已自2025年8月14日开市时起开始连 续停牌。本次以股东会决议方式主动终止公司股票上市事项已经公司2025年第一 次临时股东会审议通过。根据本次主动终止公司股票上市相关方案，公司目前已 完成现金选择权权利派发，公司股票进入行权申报、行权清算交收阶段，不再交 易。敬请广大投资者注意投资风险。 证券代码：000627 证券简称：*ST天茂 公告编号：2025-061 天茂实业集团股份有限公司 关于以股东会决议方式主动终止公司股票上市 满足条件的A股股东所持的每1股有权行使现金选择权的股票获派1份现金选择 权权利，获得现金选择权权利的A股股东可于现金选择权申报期间以其所持有的公 司股票按照现金选择权的行权价格（1.60元/股）全部或部分申报行使现金选择权， 并在清算交收后获得现金对价。 公司股票进入退市板块后深股通投资者可能无法进行股票转让，提请深股通 投资者 ...

New Stock Issuance - Cash option declaration period for *ST Tianmao (000627) is from September 15 to September 19, 2025[1] - *ST Zitian (300280) has 12 trading days remaining until the last trading day during the delisting arrangement period[1] Trading Alerts - *ST Jishi Media (601929) reported severe abnormal fluctuations in stock price[1] - *ST Yushun (002289) and *ST Weier (002058) are under scrutiny due to abnormal trading activities[1] Company Announcements - *ST Gao Hong (000851) and *ST Dongtong (300379) have recent announcements regarding their financial status[1] - Shanghai Construction (600170) and Zhongke Shuguang (603019) have disclosed important updates on their operations[1] Market Trends - The report indicates a trend of increased scrutiny on companies with abnormal trading patterns, reflecting a tightening regulatory environment[2] - The number of companies under cash option declarations and delisting arrangements suggests a potential increase in market volatility[1]

Group 1 - The average stock price of A-shares is 13.65 yuan, with 24 stocks priced below 2 yuan, the lowest being *ST Gao Hong at 0.54 yuan [1] - Among the low-priced stocks, 12 are ST stocks, accounting for 50% of the total [1] - The Shanghai Composite Index closed at 3876.34 points as of September 17 [1] Group 2 - Among the low-priced stocks, three increased in price today, with *ST Yuan Cheng leading at a rise of 4.97% [1] - The majority of low-priced stocks, 17 in total, experienced declines, with Rongsheng Development falling by 6.13% [2][1] - The trading volume and turnover rates vary significantly among low-priced stocks, with *ST Gao Hong having a turnover rate of 0.24% [1]

Summary of Key Points Core Viewpoint - On September 17, eight stocks including Galaxy Magnetics, New Dazheng, and Hengwei Technology were suspended from trading due to significant events or announcements [1]. Group 1: Stock Suspension Details - Galaxy Magnetics (300127.SZ) was suspended for one day due to a major event [2]. - New Dazheng (002968.SZ) was also suspended for one day due to a major event [2]. - Hengwei Technology (603496.SH) is suspended starting today for planning a major asset restructuring [2]. - Tianpu Co., Ltd. (605255.SH) was suspended for one day due to an important announcement [2]. - Sunflower (300111.SZ) was suspended for one day due to a major event [2]. - Chuangyuan Xinke (831961.BJ) was suspended for one day for issuing shares to purchase assets [2]. - *ST Guangdao (839680.BJ) was suspended for one day due to a forced delisting situation [2]. - *ST Tianmao (000627.SZ) was suspended for one day due to a major event [2].

证券代码：000627 证券简称：*ST天茂 公告编号：2025-060 天茂实业集团股份有限公司 关于以股东会决议方式主动终止公司股票上市 现金选择权行权暨实施的提示性公告 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： 1、天茂实业集团股份有限公司（以下简称"天茂集团"或"公司"）股票 （证券简称：*ST天茂，证券代码：000627）已自2025年8月14日开市时起开始连 续停牌。本次以股东会决议方式主动终止公司股票上市事项已经公司2025年第一 次临时股东会审议通过。根据本次主动终止公司股票上市相关方案，公司目前已 完成现金选择权权利派发，公司股票进入行权申报、行权清算交收阶段，不再交 易。敬请广大投资者注意投资风险。 满足条件的A股股东所持的每1股有权行使现金选择权的股票获派1份现金选择 权权利，获得现金选择权权利的A股股东可于现金选择权申报期间以其所持有的公 司股票按照现金选择权的行权价格（1.60元/股）全部或部分申报行使现金选择权， 并在清算交收后获得现金对价。 公司股票进入退市板块后深股通投资者可能无法进行股票转让，提请深股通 投资者 ...