Core Points - *ST Zitian has received a decision from the Shenzhen Stock Exchange to terminate its stock listing due to financial reporting issues [1][5] - The stock will resume trading on September 15 and enter a delisting preparation period lasting 15 trading days, with the expected last trading day on October 13 [1] - Following the delisting preparation period, the stock will be delisted from the exchange [1][2] Financial Reporting Issues - The company was found to have false records in its financial accounting reports, leading to a directive from the China Securities Regulatory Commission (CSRC) for rectification, which was not completed within the required timeframe [5] - *ST Zitian has cumulatively inflated its revenue by 2.499 billion yuan over two consecutive years, with fraudulent activities identified in three periodic reports [5]

Core Viewpoint - The Company is undergoing a tender offer process aimed at delisting its shares from trading on AB Nasdaq Vilnius, with a specified offer price and timeline for implementation [1][2]. Group 1: Tender Offer Details - The tender offer price is set at EUR 0.76 per ordinary registered share, with a par value of EUR 0.29 each [2]. - The implementation of the tender offer will commence on 25 August 2025 and terminate on 1 October 2025 [2]. - Comprehensive conditions of the tender offer are detailed in the attached circular [2].

Core Viewpoint - Tianmao Industrial Group Co., Ltd. is facing the risk of being delisted due to its inability to disclose the 2024 annual report and the 2025 first-quarter report within the legal timeframe [2][4] Group 1: Reasons for Potential Delisting - The company has been unable to disclose the 2024 annual report and the 2025 first-quarter report, leading to a trading suspension since May 6, 2025 [4] - The stock was resumed trading on July 8, 2025, but was subject to delisting risk warning due to the failure to disclose the required reports [4] - According to Shenzhen Stock Exchange regulations, if the company does not disclose a majority of the board's assurance of the reports within two months of the delisting risk warning, the exchange will decide to terminate the company's stock listing [4][7] Group 2: History of Delisting Risk Announcements - The company has issued multiple delisting risk announcements, with the first one on July 15, 2025, and subsequent announcements on July 22, July 29, August 5, and August 12, 2025 [5][6] - This announcement is the sixth risk warning regarding potential delisting [6] Group 3: Other Information - The company's board has approved a resolution to voluntarily withdraw its A-shares from the Shenzhen Stock Exchange and apply for transfer to the National Equities Exchange and Quotations system after delisting [3][7] - The company received a notice from the China Securities Regulatory Commission on May 6, 2025, regarding an investigation for failing to disclose periodic reports on time [3][7]

Core Viewpoint - *ST Tianmao has issued its fifth risk warning regarding the potential termination of its stock listing due to failure to disclose the 2024 annual report and the 2025 Q1 report within the legal timeframe [1] Group 1: Listing Status - The company has been under delisting risk warning since July 8, as it failed to disclose the required reports [1] - If the company does not disclose more than half of the 2024 annual report guaranteed by its directors within two months of the warning, the Shenzhen Stock Exchange will decide to terminate its listing [1] Group 2: Regulatory Actions - On May 6, the company was investigated by the China Securities Regulatory Commission for failing to disclose periodic reports on time [1] - The board of directors passed a resolution on August 8 to voluntarily withdraw from A-share listing [1] Group 3: Future Steps - The company will suspend trading from August 14 and apply for transfer to the delisting segment [1] - A shareholder protection mechanism will be established following the delisting [1]

New Stock Offerings - Jichuan Pharmaceutical (600566) has a tender offer period from June 18, 2025, to July 17, 2025[1] - ST Kelly (300326) has a tender offer period from July 17, 2025, to August 15, 2025[1] - Zhongcheng Tui (300208) has 1 trading day remaining until the last trading day[1] Delisting and Trading Alerts - Delisted Jin Gang (600190) has 1 trading day remaining until the last trading day[1] - Delisted Jin B (900952) has 1 trading day remaining until the last trading day[1] - ST Jinjian (600200) has 1 trading day remaining until the last trading day[1] Market Volatility - Shangwei New Materials (688585) is experiencing severe abnormal fluctuations[1] - Guosheng Technology (603778) is noted for abnormal fluctuations[3] - ST Yanzhen (603389) is also flagged for abnormal fluctuations[3]

Group 1 - The company, Jinzhou Port Co., Ltd., has received a decision from the Shanghai Stock Exchange to terminate its stock listing, effective June 30, 2025, with a 15-day trading period for delisting [1][2] - The company has appointed Shanxi Securities Co., Ltd. as its main sponsor to facilitate the transfer of shares to the National Equities Exchange and Quotations system following the delisting [2] - The appointment of Shanxi Securities was approved during the company's board meeting on June 5, 2025, and the necessary agreements have been signed to ensure compliance with the regulations [2] Group 2 - The main sponsor, Shanxi Securities Co., Ltd., was established on July 28, 1988, and is based in Taiyuan, with a business scope that includes securities services [2] - The company will announce further details regarding the procedures for share confirmation, registration, and custody after the stock is officially delisted [2]

Core Viewpoint - The company, Qingdao Zhongzi Zhongcheng Group Co., Ltd., has received a decision from the Shenzhen Stock Exchange to terminate its stock listing, with the last trading date expected to be July 18, 2025 [1][2]. Group 1: Stock Termination Details - The company's stock will enter a delisting arrangement period starting June 30, 2025, lasting for fifteen trading days, with the last trading day anticipated to be July 18, 2025 [2]. - During the delisting arrangement period, the stock will be traded under the code 300208 and the name "Zhongcheng Tui," with no price fluctuation limits on the first trading day, followed by a 20% limit on subsequent days [2][3]. - The company will not plan or implement any major asset restructuring during the delisting arrangement period [3]. Group 2: Risk Disclosure and Management - The company will issue risk warning announcements regarding the stock's delisting status, with the first announcement on the first trading day of the delisting arrangement and subsequent announcements every five trading days [3]. - After the stock is delisted, it will be managed by the National Equities Exchange and Quotations (NEEQ) for transfer, and the company is required to appoint a securities firm to handle related matters [3][6]. - Investors and market participants are advised to settle any stock pledge repurchase, financing, and other related transactions before the stock is delisted [3][5].

Group 1 - The company received a decision from the Shenzhen Stock Exchange to terminate its stock listing, which will be transferred to the delisting board for trading [1][2] - The company has appointed Kaiyuan Securities Co., Ltd. as its main broker to provide stock transfer services and handle necessary registration and settlement procedures [2] - The company will sign a stock transfer agreement with Kaiyuan Securities and fulfill its information disclosure obligations promptly [2][3] Group 2 - The main broker, Kaiyuan Securities, is a non-listed, state-controlled company established in 1994, with a range of services including securities brokerage, investment consulting, and asset management [2] - The company will announce further details regarding the procedures for stock confirmation, registration, and custody after delisting [3] - Investors are advised to pay attention to the announcements made by the appointed main broker on the designated information disclosure platform [3]

Core Points - The company, Haiyue Energy Group Co., Ltd., has entered a delisting preparation period starting from June 16, 2025, with the expected last trading date on July 4, 2025 [2][5][18] - After the delisting preparation period, the company's stock will be delisted from the Shanghai Stock Exchange within five trading days [3][9] Summary by Sections Delisting Preparation Period - The delisting preparation period lasts for 15 trading days, with the first trading day having no price fluctuation limit, and subsequent days limited to a 10% fluctuation [6][9] - As of the announcement date, the stock has traded for 12 days in the delisting preparation period, leaving 3 days remaining [3][17] Stock Repurchase Plan - The company plans to repurchase shares during the delisting preparation period, with a total repurchase amount between RMB 30 million and RMB 50 million, and a maximum repurchase price of RMB 2.00 per share [4][19] - As of July 1, 2025, the company has repurchased 24.2268 million shares, accounting for 5.18% of the total share capital, with a total expenditure of RMB 21.4708 million [20] Shareholder Commitments - The controlling shareholder has committed not to reduce their holdings during the repurchase period and the following six months, while other shareholders may still reduce their holdings [4][18] Regulatory Compliance - The company will not plan or implement any major asset restructuring during the delisting preparation period [11] - The company will fulfill its information disclosure obligations according to relevant laws and regulations during the delisting preparation period [13][21]

Core Viewpoint - Jinzhou Port Co., Ltd. is entering a delisting period due to continuous false disclosures in annual reports from 2020 to 2023, leading to a decision by the Shanghai Stock Exchange to terminate its stock listing [1][2][3] Summary by Sections Delisting Announcement - The company has received a self-regulatory decision from the Shanghai Stock Exchange to terminate its stock listing due to major violations of the listing rules [1][2] - The stock will enter a delisting trading period starting June 30, 2025, lasting for 15 trading days, with the last trading day expected to be July 18, 2025 [2][3] Trading Details - During the delisting period, the stock will be traded on the risk warning board with no price limit on the first trading day, followed by a daily limit of 10% [3] - The company will not plan or implement any major asset restructuring during the delisting period [5] Investor Guidance - Investors are advised to settle any stock pledge repurchase, margin financing, and other related transactions before the stock is delisted [2][5] - Individual investors must have at least 24 months of trading experience and maintain an average asset of over 500,000 RMB in their accounts to buy delisting stocks [4][5] Information Disclosure - The company will publish risk warning announcements regarding the delisting every five trading days during the delisting period and daily in the last five trading days [5][6] - Official disclosures will be made through designated media including China Securities Journal and the Shanghai Stock Exchange website [6]