Tianmao Group Warns of Delisting Risk Amid Stock Volatility

Tianmao Industrial Group's shares experienced abnormal fluctuations, with a cumulative closing price decline exceeding 12% over three consecutive trading days (July 16, 17, and 18, 2025). This follows the company being placed under delisting risk warning on July 8, 2025, after failing to disclose its 2024 annual report and 2025 first-quarter report by the May 6, 2025, deadline.

The company received a case filing notice from the China Securities Regulatory Commission (CSRC) on May 6, 2025, due to alleged failure to timely disclose periodic reports. According to Shenzhen Stock Exchange rules, if the company does not disclose its 2024 annual report within two months of being subject to the delisting risk warning, its stock will be terminated from listing. Investors are cautioned to be aware of the associated risks.