深夜突发！000627，拟主动退市！

Core Viewpoint - *ST Tianmao (000627.SZ) announced its decision to voluntarily terminate its stock listing on the Shenzhen Stock Exchange and will apply to transfer to the National Equities Exchange and Quotations (NEEQ) after delisting [1] Group 1: Company Actions - The company convened its 10th Board of Directors' fourth meeting to approve the proposal for voluntary delisting [1] - The stock is set to resume trading on August 11, 2025, after the termination of its listing [1] Group 2: Financial Status and Risks - *ST Tianmao is currently facing a delisting crisis due to its failure to disclose the 2024 annual report and the 2025 Q1 report within the legal timeframe [4] - The company has not disclosed its financial reports as of August 6, 2024, and is working to complete the necessary documentation [4] - As of the end of Q3 2024, *ST Tianmao has over 120,000 shareholders [5] Group 3: Company Background - *ST Tianmao operates as an investment holding company primarily engaged in insurance business through its subsidiaries, Guohua Life and Huari Insurance [5] - Guohua Life, established in November 2007, has total assets of 271.599 billion and net assets of 26.22 billion as of June 2023 [5]