6901名股东投票 高票同意*ST天茂主动退市

Core Viewpoint - *ST Tianmao has passed a resolution to voluntarily terminate its stock listing due to continuous performance decline and inability to meet listing requirements, aiming to protect investor rights through a cash option mechanism [1][2][4]. Group 1: Shareholder Meeting and Voting Results - The extraordinary general meeting on August 25 had 6,901 participants representing 4,263,232,432 shares, accounting for 86.93% of the total voting shares [1]. - The resolution for voluntary delisting was approved with 98.06% of the votes from all shareholders and 91.62% from minority shareholders [2]. Group 2: Company Performance and Investor Sentiment - The company has been in a loss-making state, with delayed annual report disclosures leading to investor dissatisfaction and stock price decline [2][3]. - Affected investors expressed frustration over the lack of clear communication regarding the annual report and the company's operational status [2][3]. Group 3: Cash Option Mechanism - The company has set up a cash option mechanism for eligible shareholders, allowing them to exercise rights at a price of 1.60 yuan per share [3][4]. - Shareholders who do not exercise their cash option during the designated period will forfeit their rights to cash compensation [5]. Group 4: Regulatory Consequences - Despite the approval of voluntary delisting, the company will still face regulatory penalties for failing to disclose periodic reports within the legal timeframe [5]. - The company remains liable for civil compensation responsibilities under the new securities law, regardless of the delisting decision [5].