000627 终止上市

Core Points - *ST Tianmao (000627) has received a decision from the Shenzhen Stock Exchange to terminate its stock listing, effective within five trading days from the announcement date [2] - The company will not enter a delisting adjustment period, and its stock will be delisted directly [2] Group 1 - To protect investor interests, the company will initiate a mechanism for dissenting shareholders and other shareholders, providing cash options to eligible A-share shareholders [5] - Each eligible A-share shareholder can exercise cash options for every 1 share held at a strike price of 1.60 yuan per share, with a total of 1,442,279,537 cash options effectively declared during the application period [5] - The total funding required by Jingmen Weituo Hongcheng Management Partnership for the cash options is approximately 2.3 billion yuan [5] Group 2 - After the termination of the stock listing, the company will transition to the National Equities Exchange and Quotations (NEEQ) system for trading [5] - The company has appointed Changcheng Guorui as the agency for share transfer services and has authorized it to handle various securities registration and settlement matters [5]