飞马国际被否议案终获通过，刘永好旗下公司下周就要支付超4亿元业绩补偿款？

Core Viewpoint - The performance compensation proposal for Feima International has finally been approved at the 2025 second extraordinary general meeting, following previous rejections, indicating a significant shift in shareholder sentiment and governance dynamics [1][2][3]. Group 1: Performance Compensation - In 2021, New Zengding (Hainan) Investment Development Co., Ltd. became the controlling shareholder of Feima International but failed to meet the performance commitment of 570 million yuan, resulting in a compensation obligation of 437 million yuan [1][3]. - The performance compensation proposal was initially rejected at the 2024 annual general meeting, with 55.91% of votes against it, primarily from minority shareholders [2][4]. - The recent approval of the compensation proposal saw 91.21% of votes in favor, reflecting a significant change in the voting dynamics among shareholders [2]. Group 2: Shareholder Dynamics - New Zengding holds 796 million shares, while other shareholders have significantly lower holdings, with the second-largest shareholder holding only 46.38 million shares [2]. - The division among minority shareholders regarding the performance compensation and potential asset injection from New Zengding has been a point of contention, with many calling for additional commitments beyond just the compensation [4]. Group 3: Control Change and Future Implications - Feima International's actual controller, Liu Yonghao, is planning a change in control, potentially transferring it to a state-owned enterprise in Zhangzhou [5][6]. - Despite the control change, the obligation for performance compensation remains intact, with New Zengding required to fulfill its commitment by July 24, 2025 [6].