Core Viewpoint - Tianmao Industrial Group Co., Ltd. plans to voluntarily withdraw its A-share listing on the Shenzhen Stock Exchange and subsequently apply for transfer to the National Small and Medium Enterprises Share Transfer System for management in the delisting section [2][12]. Group 1: Company Overview - Company Name: Tianmao Industrial Group Co., Ltd. - Stock Listing Location: Shenzhen Stock Exchange - Stock Code: 000627 - Registered Capital: 494,062.92 million RMB - Main Business: Engaged in insurance business through subsidiaries Guohua Life and Huarui Insurance [4][11]. Group 2: Delisting Plan - The company intends to withdraw its A-share listing due to significant uncertainties arising from business restructuring, aiming to protect the interests of minority shareholders [12][16]. - The delisting proposal has been approved by more than two-thirds of the voting rights at the shareholders' meeting [17]. Group 3: Financial Advisor's Opinion - The financial advisor, CITIC Construction Investment Securities Co., Ltd., confirms that the delisting plan complies with relevant regulations and that the information disclosed meets the requirements of the Shenzhen Stock Exchange [16][17]. - The financial advisor has verified that the company’s announcement documents are accurate and complete, and the delisting process has been conducted independently without conflicts of interest [6][16]. Group 4: Shareholder Protection Mechanism - A cash option will be provided to dissenting shareholders, allowing them to receive cash compensation for their shares, excluding certain restricted shares [13][15]. - The cash option price is set at 1.60 RMB per share, with the registration date for eligible shareholders on September 2, 2025 [15].

Core Viewpoint - *ST Tianmao (000627) has announced its decision to voluntarily withdraw its A-shares from trading on the Shenzhen Stock Exchange and subsequently apply for transfer to the delisting segment managed by the National Equities Exchange and Quotations after the termination of its listing [1] Group 1 - The termination of listing has been approved by the company's first extraordinary general meeting of shareholders held on August 25, 2025 [1] - The termination of listing falls under the voluntary delisting circumstances as specified in Article 9.7.1 of the Shenzhen Stock Exchange Listing Rules [1] - The company has submitted the necessary application materials for voluntary delisting to the Shenzhen Stock Exchange [1]

Core Viewpoint - *ST Tianmao (000627) announced its decision to voluntarily withdraw its A-share listing on the Shenzhen Stock Exchange and apply for transfer to the National Equities Exchange and Quotations (NEEQ) after the delisting [1] Group 1 - The company has submitted the application materials for voluntary delisting to the Shenzhen Stock Exchange [1] - The termination of the company's stock listing is subject to approval from the Shenzhen Stock Exchange [1]

智通财经APP讯，*ST天茂(000627.SZ)发布公告，公司拟以股东会决议方式主动撤回A股股票在深圳证 券交易所(简称"深交所")的上市交易，并在股票终止上市后申请转入全国中小企业股份转让系统有限责 任公司代为管理的退市板块转让(简称"本次终止上市")。本次终止上市事项已于2025年8月25日经公司 2025年第一次临时股东会审议通过。基于上述，公司本次终止上市属于《深圳证券交易所股票上市规 则》(以下简称"《深交所股票上市规则》")9.7.1条第一款规定的主动终止上市情形。按照深交所的相关 规定，公司已向深交所提交主动终止上市申请材料。 ...

基于上述，公司本次终止上市属于《深圳证券交易所股票上市规则》（以下简 称"《深交所股票上市规则》"）9.7.1 条第一款规定的主动终止上市情形。按照 深交所的相关规定，公司已向深交所提交主动终止上市申请材料。前期公司因无法 在法定期限内披露2024年年度报告和2025年第一季度报告，公司股票于2025年7月8 日被实施退市风险警示。根据《深交所股票上市规则》第 9.4.18 条规定，若公司在 股票交易被实施退市风险警示之日起的两个月内仍未披露过半数董事保证真实、准 确、完整的 2024 年年度报告，深交所将决定终止公司股票上市交易。根据《深交 所股票上市规则》第 9.1.6 条规定，上市公司出现两项以上退市风险警示、终止上 市情形的，按照先触及先适用的原则实施退市风险警示、终止上市。公司现已进入 主动终止上市程序。 公司本次主动终止上市事项财务顾问中信建投证券股份有限公司出具了《中信 建投证券股份有限公司关于天茂实业集团股份有限公司主动终止上市的财务顾问意 见》，认为："天茂集团本次拟以股东会决议方式主动撤回A股股票在深交所的上 市交易，符合《深交所股票上市规则》的规定，公司已披露主动终止上市方案、终 止上市 ...

New Stock Offerings - Fushun Special Steel (600399) is undergoing a tender offer period from August 12, 2025, to September 10, 2025[1] - *ST Tianmao (000627) has a cash option declaration period from September 15, 2025, to September 19, 2025[1] - Tianpu Co., Ltd. (605255) has announced its latest updates on September 4, 2025[1] Market Alerts - Kaipu Cloud (688228) has reported severe abnormal fluctuations as of August 30, 2025[1] - Siquan New Materials (301489) and Xinhua Jin (600735) also reported significant market movements on August 22 and August 30, 2025, respectively[1] - Multiple companies including *ST Baoying (002047) and Wantong Development (600246) have updates as of September 4, 2025[1] Trading Notifications - A total of 30 companies have issued trading notifications with specific dates for announcements and updates, indicating active market participation[1] - The report includes links to detailed announcements for each company, ensuring transparency and accessibility of information[1]

New Stock Offerings - Fushun Special Steel (600399) has a tender offer period from August 12, 2025, to September 10, 2025[1] - ST Tianmao (000627) has a cash option declaration period from September 15, 2025, to September 19, 2025[1] - Tianpu Co., Ltd. (605255) announced significant trading activity on September 3, 2025[1] Market Volatility - Kaipu Cloud (688228) reported severe abnormal fluctuations on August 30, 2025[1] - Xinhua Jin (600735) experienced significant trading activity on August 30, 2025[1] - ST Chuntian (600381) had notable trading activity on September 3, 2025[1] Other Notable Announcements - ST Er Ya (600107) reported trading activity on September 3, 2025[1] - Shanghai Electric Power (600021) had significant trading activity on September 3, 2025[1] - ST Gao Hong (000851) reported trading activity on September 3, 2025[1]

Group 1: 恒瑞医药 - Company received approval for clinical trials of HRS-7172 tablets, a new anti-tumor small molecule inhibitor [1] - Subsidiary received approval for SHR-A2009, an antibody-drug conjugate targeting HER3 [1] - Company was established in April 1997, focusing on drug research, production, and sales [1] Group 2: 康德莱 - Controlling shareholder plans to transfer 5% of shares to strategic investor at a price of 10.81 yuan per share, totaling 236 million yuan [1] - Post-transfer, controlling shareholder's stake will decrease from 39.58% to 34.58% [1] - Company was established in July 1998, specializing in medical devices [2] Group 3: 中钢洛耐 - Shareholder plans to reduce holdings by up to 1% of total shares due to fund exit needs [3] - Company was established in August 2006, focusing on high-end refractory materials [3] Group 4: 瑞玛精密 - Subsidiary completed acquisition of land in Mexico for production operations, covering 52,300 square meters at a price of 3.4064 million USD [4] - Company was established in March 2012, specializing in precision metal stamping and related products [4] Group 5: 鸿博股份 - Company confirmed normal operations despite stock price fluctuations exceeding 20% over three trading days [5] - Company was established in June 1999, focusing on lottery services and high-end packaging [6] Group 6: 东芯股份 - Company completed stock trading risk investigation and resumed trading [7] - Company was established in November 2014, specializing in storage chip design and sales [7] Group 7: 凯迪股份 - Company stated that its robot products are still in development and will not generate revenue in the short term [8] - Company was established in August 1992, focusing on linear drive systems [8] Group 8: 诺唯赞 - Major shareholder plans to reduce holdings by up to 3% due to funding needs [9] - Company was established in March 2012, focusing on functional proteins and organic materials [9] Group 9: 君实生物 - Company received approval for clinical trials of JT118 injection, a "two-in-one" recombinant protein vaccine for monkeypox [10] - Company was established in December 2012, focusing on new drug research and related services [10] Group 10: 赛力斯 - Company reported August sales of 45,818 vehicles, with a 19.57% increase in new energy vehicle sales [11] - Company was established in September 2012, focusing on automotive research and sales [11] Group 11: 燕东微 - Major shareholder plans to reduce holdings by up to 1% due to management needs [13] - Company was established in October 1987, focusing on semiconductor products and services [13] Group 12: 中百集团 - Company reported cumulative litigation and arbitration amounts of approximately 262 million yuan over the past 12 months [14] - Company was established in January 1990, focusing on retail business [14] Group 13: 金开新能 - Company received 939 million yuan in renewable energy subsidies, with a 341.67% increase year-on-year [15] - Company was established in March 1997, focusing on renewable energy development and operation [15] Group 14: *ST天茂 - Company plans to terminate stock listing and initiate cash option mechanism for shareholders [16] - Company was established in November 1993, focusing on various insurance services [16] Group 15: 宁德时代 - Company repurchased 8.69 million A-shares for a total of 2.131 billion yuan [17] - Company was established in December 2011, focusing on battery research and production [17] Group 16: 山西高速 - Controlling shareholder plans to increase holdings by 30 to 60 million yuan [18] - Company was established in February 1996, focusing on highway management [18] Group 17: 青岛银行 - Major shareholder plans to increase holdings by 233 to 291 million shares [19] - Company was established in November 1996, focusing on banking services [19] Group 18: 格力电器 - Major shareholder completed share increase of 46.38 million shares for 2.099 billion yuan [20] - Company was established in December 1989, focusing on air conditioning production and sales [20] Group 19: 中国石油 - Company plans to transfer 541 million A-shares to China Mobile Group to enhance strategic cooperation [21] - Company was established in November 1999, focusing on oil and gas exploration and production [21] Group 20: 镇洋发展 - Company announced a merger plan with Zhejiang Huhangyong Highway Co., with a share exchange ratio of 1:1.08 [22] - Company was established in December 2004, focusing on chemical products [22]

Group 1: Policy and Regulatory Updates - The Ministry of Finance and the State Taxation Administration issued a notice clarifying tax policies for the transfer of state-owned equity and cash income to supplement the social security fund [1][2] - The notice states that interest income from loans and financial product transfers related to the transferred state-owned equity will be exempt from VAT, and income from the transfer of non-listed state-owned equity will be exempt from corporate income tax [1][2] - The notice will take effect on April 1, 2024, and taxpayers who have paid taxes before the notice can apply for refunds if they meet the criteria [3] Group 2: Market Performance and Company News - Tianpu Co. announced that its stock price has increased by 100% over eight consecutive trading days, indicating a significant deviation from its fundamental value, and may apply for a trading suspension if the abnormal rise continues [6] - China Petroleum announced the transfer of 541 million A-shares (0.30% of total shares) to China Mobile, which will not change the controlling shareholder or actual controller [6] - The North Exchange reported that its 274 listed companies achieved a total revenue of 92.064 billion yuan in the first half of the year, with a year-on-year growth of 6.01%, while net profit decreased by 10.59% [3][4] Group 3: Industry Insights - The software industry in China reported a revenue of 83.246 billion yuan in the first seven months, with a year-on-year growth of 12.3%, and profits increased by 12.4% [5] - The Shanghai Municipal Economic and Information Commission announced the launch of the 2025 "Artificial Intelligence+" action project, aiming to enhance the integration of AI with various sectors and promote high-quality industrial development [4]

Core Points - Tianmao Industrial Group Co., Ltd. has decided to voluntarily terminate the listing of its A-shares on the Shenzhen Stock Exchange due to significant uncertainties related to business restructuring [2][3] - The company will initiate a cash option distribution for eligible shareholders, allowing them to exchange their shares for cash at a price of 1.60 yuan per share [3][12] - The cash option exercise period is set from September 15 to September 19, 2025, during which eligible shareholders can submit their exercise requests [5][13] Company Announcement - The decision to terminate the listing has been approved by the company's first extraordinary general meeting of 2025 [2] - The company will submit the application for voluntary delisting to the Shenzhen Stock Exchange within fifteen trading days after the general meeting's resolution [2] - The stock has been suspended from trading since August 14, 2025 [2] Cash Option Details - Each eligible A-share shareholder will receive one cash option for every share held, excluding shares held by certain major shareholders [10][19] - The total number of cash options to be distributed is expected to be up to 1,629,376,288 shares, pending final verification on the registration date [10][19] - The cash options will not be listed for trading [10] Eligibility and Process - Eligible shareholders must not have shares that are subject to restrictions such as being frozen or pledged to exercise the cash option [7][8] - Shareholders holding shares in margin accounts must transfer their shares to regular accounts before the registration date to be eligible for the cash option [4][8] - The cash option exercise must be submitted through the Shenzhen Stock Exchange trading system, and manual submissions will not be accepted [12][14] Important Dates - The cash option registration date is set for September 2, 2025 [9] - The cash option exercise period is from September 15 to September 19, 2025 [5][13] - Any unexercised cash options will be canceled after the exercise period ends [18]