Core Viewpoint - The company *ST New Tide (600777) is facing challenges regarding the convening of a temporary shareholders' meeting, with multiple proposals being rejected by the board and supervisory committee due to procedural non-compliance with legal regulations and the company's articles of association [1][2][3]. Group 1: Shareholder Meeting Proposals - The company received a proposal from shareholders to convene a temporary shareholders' meeting on July 24, 2025, to discuss the early re-election of the board and supervisory committee [1][4]. - The board and supervisory committee have previously rejected similar proposals on June 28 and July 4, citing that the proposal did not meet the legal and procedural requirements [2][3]. - The latest proposal includes legal opinions from three law firms affirming that the request to convene the meeting complies with Chinese law and the company's articles of association [5]. Group 2: Shareholder Structure Changes - The company has undergone a significant change in its shareholder structure, with Inner Mongolia Yitai Coal Co., Ltd. becoming a major shareholder, holding 50.10% of the company's shares [6]. - The new major shareholder supports the convening of the temporary shareholders' meeting, indicating a shift in governance dynamics [6]. Group 3: Financial Reporting Issues - The company has faced scrutiny for failing to disclose its 2024 annual report on time, leading to an investigation by the China Securities Regulatory Commission [6]. - The 2024 annual report was eventually released but received a non-standard audit opinion due to insufficient documentation regarding employee compensation and other financial details [7][8]. - The company has engaged with the auditing firm to provide necessary documentation and explanations to address the audit concerns [8].

公告显示，天茂集团股票将于7月7日继续停牌一天，7月8日开市起复牌，股票简称由"天茂集团"变更 为"*ST天茂"。复牌后，公司股票将转入风险警示板交易，每日涨跌幅限制收窄至5%。 5月6日停牌当日，天茂集团收到证监会的《立案告知书》。因涉嫌未按期披露定期报告，证监会决定对 公司立案。此后，天茂集团多次披露风险提示公告称，公司会尽最大努力加强与各方的沟通，组织有关 人员抓紧完成定期报告的编制工作。 7月6日晚，天茂集团（000627）(000627.SZ)发布公告称，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，公司股票交易将被深圳证券交易所实施退市风险警示。 天茂集团成立于1993年，1996年在深圳证券交易所上市，所属行业为保险业。2024年业绩预告显示，天 茂集团净利润预亏5亿元至7.5亿元。 年报"难产" 天茂集团原定于4月29日披露2024年年报和2025年一季报。4月29日晚，天茂集团发布公告称，因定期报 告涉及的部分信息需要进一步补充提供，公司无法在2025年4月29日披露2024年年度报告和2025年第一 季度报告。 5月5日，天茂集团发布的公告显示，因公司未能完成2024 ...

Core Viewpoint - Renrenle, once a leading supermarket chain in China, has officially delisted from the Shenzhen Stock Exchange due to continuous losses over four years, culminating in a net asset deficit and a failure to reverse its declining fortunes [2][8]. Group 1: Company Background - Renrenle was established in 1996 and was a prominent retail enterprise in Shenzhen, competing directly with major players like Walmart and Carrefour [4]. - At its peak, Renrenle's market capitalization exceeded 10 billion yuan, and its revenue reached a high of 12.9 billion yuan in 2012 [7]. Group 2: Financial Performance - The company faced significant financial challenges, reporting a net asset of -387 million yuan in 2023 and -404 million yuan in 2024, leading to a series of delisting warnings [11][12]. - In 2024, Renrenle's revenue plummeted by 49.86% to 1.43 billion yuan, with a net loss of 17 million yuan, marking its fourth consecutive year of losses [12]. Group 3: Business Strategy and Challenges - Renrenle attempted to mitigate losses through asset sales and store closures, but these measures were insufficient to stabilize the business [10][12]. - The company has struggled with rising costs, intensified competition, and the impact of e-commerce, which forced it to slow down new store openings and focus on consolidating existing operations [11].

此前，天茂集团曾在互动平台回答投资者提问时表示，公司母公司作为投资控股型公司，主要通过控股子公司 国华人寿和华瑞保险从事保险业务，保险业务是公司的核心业务。 值得一提的是，公司于5月6日收到中国证券监督管理委员会下发的《立案告知书》，因涉嫌未按期披露定期 报告，根据《中华人民共和国证券法》《中华人民共和国行政处罚法》等法律法规，中国证监会决定对公司立 案。 7月6日晚间，天茂集团（000627）发布公告，公司股票7月7日继续停牌一个交易日，7月8日开市起复牌并 被实施退市风险警示，股票简称由"天茂集团"变更为"*ST天茂"。 公司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，公司股票已自2025年5月6日开市起停 牌，公司在股票停牌两个月内仍无法披露2024年年度报告和2025年第一季度报告，依据相关规定，公司股票 交易将被深圳证券交易所实施退市风险警示。 公司表示，目前公司及控股子公司国华人寿保险股份有限公司和华瑞保险销售有限公司均经营正常，公司定期 报告涉及的部分信息仍在进一步核实、补充完善中，定期报告编制工作尚未完成。公司会尽最大努力加强与各 方的沟通，组织有关人员抓紧完成定期报告的编 ...

Group 1: Regulatory Actions - Three companies, including Knight Dairy, Meideng Technology, and Digital People, received administrative regulatory measures or penalties from local securities regulatory authorities for suspected information disclosure violations [1] - Knight Dairy was issued a "Notice of Investigation" by the China Securities Regulatory Commission (CSRC) for failing to timely disclose significant futures trading losses, amounting to 9.0246 million yuan, which is 12.60% of its audited net profit for 2022 [2][3] - Meideng Technology received a warning letter from the Zhejiang Securities Regulatory Bureau for inaccuracies in its equity structure and failure to timely disclose certain acquisitions [4] - Digital People was penalized by the Shandong Securities Regulatory Bureau for improper financial accounting and internal control issues, leading to inaccurate financial data disclosures from 2021 to 2023 [5] Group 2: Stock Monitoring and Trading Suspensions - The Beijing Stock Exchange announced heightened monitoring of two stocks, *ST Guangdao and *ST Yunchuang, due to significant price fluctuations, with *ST Guangdao's stock price increasing by 119.03% from June 25 to July 4 [6][7] - Both companies applied for trading suspensions starting July 7, with expected durations not exceeding five trading days, to conduct investigations into the unusual trading activities [6][7] - The regulatory environment remains strict, with a zero-tolerance policy towards illegal activities, emphasizing the importance of compliance in the market [1]

【导读】年报迟迟未出， 天茂集团将被 *ST，7月8日复牌 中国基金报记者 杨晨 年报一延再延，天茂实业集团股份有限公司（证券代码：000627，简称天茂集团），即将被实施 退市风险警示 。 停牌两个月 年报仍未出 此前，天茂集团因无法在法定期限内披露2024年年报和2025年一季报，已自2025年5月6日开市起停牌，并 收到证监会的立案告知书。 7月6日，即停牌两个月后， 天茂集团 发布公告称，仍无法披露2024年年报和2025年一季报。依据《深圳证券交易所股票上市规则》第 9.4.1条规定，公司股票交易将被深圳证券交易所实施退市风险警示。 公告显示，天茂集团股票自7月7日开市起继续停牌一个交易日，于7月8日开市起复牌并被实施退市风险警示 ，股票简称由"天茂集团"变更 为"*ST天茂"，股票代码不变，仍为"000627"，股票价格的日涨跌幅限制为5%。 值得注意的是，在5月6日停牌前的最后三个交易日（4月28日至4月30日），天茂集团股价累计跌幅达21.49%，停牌前市值为134.4亿 元。 另据7月1日公告， 汇添富基金 对旗下证券投资基金所持有的"天茂集团"按照0.27元/股进行估值，这一估值相比停牌前 ...

Group 1 - The company, Tianmao Group, has been placed under delisting risk warning due to its inability to disclose the 2024 annual report and the 2025 first quarter report within the legal timeframe [1][2] - The stock will be renamed from "Tianmao Group" to "*ST Tianmao" and will continue to trade under the same code "000627" starting from July 8, 2025 [1][2] - The stock price will be subject to a daily fluctuation limit of 5% after the delisting risk warning is implemented [2] Group 2 - The company and its subsidiaries are currently operating normally, but the preparation of the periodic reports is still ongoing and requires further verification and completion [2] - The company is committed to enhancing communication with all parties involved and is making efforts to expedite the completion of the 2024 annual report and the 2025 first quarter report [2] - If the company fails to disclose more than half of the 2024 annual report within two months after the delisting risk warning, the Shenzhen Stock Exchange may decide to terminate the company's stock listing [2]

天茂集团(000627.SZ)公告称，公司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，已 自2025年5月6日起 停牌。停牌两个月内仍无法披露，依据相关规则，公司股票交易将被深圳证券交易 所实施 退市风险警示。公司股票自2025年7月7日开市起继续停牌一个交易日，于2025年7月8日开市起 复牌，自复牌起股票简称由"天茂集团"变更为"*ST天茂"。 ...

*ST亚振：核查工作已完成 股票复牌 金十数据7月3日讯，*ST亚振公告，公司股票于6月17日至6月26日收盘价格涨幅偏离值累计达到 29.43%，为维护投资者利益，公司进行了核查。核查工作已完成，公司股票将于7月4日复牌。公司 2024年度扣除非经常性损益后的净利润为负值，且扣除与主营业务无关的业务收入和不具备商业实质的 收入后的营业收入低于3亿元，实施退市风险警示。此外，公司控股股东变更为吴涛，实际控制人由高 伟、户美云、高银楠变更为吴涛。 ...

Core Viewpoint - The company, Modern Avenue Fashion Group Co., Ltd., is applying to revoke its risk warning status and continue to be subject to delisting risk warning due to previous violations and financial issues [1][2][3][4][5] Group 1: Board Meeting and Resolutions - The sixth board meeting of the company was held on July 2, 2025, where the board approved the proposal to apply for the revocation of other risk warnings and continue to be subject to delisting risk warnings [1] - The meeting was conducted in accordance with the Company Law and the company's articles of association, with all necessary legal procedures followed [1] Group 2: Legal Opinions and Compliance - The company received a legal opinion from Beijing Tianyuan Law Firm stating that the previous violations regarding guarantees have been resolved, and thus, the company believes it meets the requirements to revoke the risk warning [2] - An internal control audit report from Guangdong Sinong Accounting Firm confirmed that the issues leading to non-standard audit opinions have been addressed, supporting the company's application for revocation of the risk warning [2] Group 3: Financial Status and Regulatory Compliance - The company faced administrative penalties due to false statements in its 2021 annual report and has since restated its financial reports for the affected years [3] - As of the announcement date, the company still faces delisting risk due to negative financial performance, with audited profit and revenue figures falling below regulatory thresholds [4][5]