上市29年终退市，这只股票明天摘牌

Core Points - Tianmao Group will officially delist after 29 years of being listed, with the stock set to be delisted on September 30, 2025 [1] - The company has faced poor performance in recent years, with a significant loss reported in 2023 and continued losses expected in 2024 [1][2] - The company has initiated a voluntary delisting process and will transfer to the National Equities Exchange and Quotations system for trading after delisting [3][4] Financial Performance - In 2023, Tianmao Group achieved a revenue of 49.699 billion yuan, a slight increase of 0.17% year-on-year, but reported a net loss of 0.652 billion yuan, a decline from a profit of 0.274 billion yuan in 2022 [1] - For 2024, the company forecasts a revenue of 40 billion to 43 billion yuan, down from 49.699 billion yuan in 2023, with an expected net loss of 0.5 billion to 0.75 billion yuan [1][2] Business Adjustments - The company has cited a challenging interest rate environment and increased reserve requirements as factors contributing to its losses [2] - Tianmao Group plans to undergo business restructuring, which introduces significant uncertainties that may impact the company [3] Shareholder Actions - The company has signed an agreement with Changcheng Guorui Securities to manage the share transfer process post-delist [4] - A cash option has been provided to shareholders, with 1.442 billion cash options effectively declared during the option period [6] - The cash option exercise price is set at 1.60 yuan per share, with a 1:1 exercise ratio for shareholders [6]