000627 主动退市！周二摘牌！

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]