Tianmao group to delist, shareholders urged to exercise cash option by September 19

Tianmao Industrial Group Co. will delist its shares, which have been continuously suspended from trading since August 14, 2025. The company has completed the distribution of cash option rights, with shareholders eligible to exercise these rights at an exercise price of 1.60 yuan per share.

The cash option exercise period is scheduled from September 15 to September 19, 2025, during trading hours. Investors who fail to declare or effectively declare within this period will not receive the corresponding cash consideration.

The cash option exercise price of 1.60 yuan per share, compared to the last closing price of 1.58 yuan per share on August 13, 2025, means eligible shareholders can receive a premium. The total number of cash option rights distributed is 1.58bn. Investors are advised to be aware of the investment risks as deep-seated investors might face difficulties transferring shares if the company moves to a delisted board.

The cash option provider, Jingmen Weituo Hongcheng Management Partnership, has confirmed its ability to fulfill the obligations. The company emphasizes that this announcement serves as a guide for the cash option process and does not constitute a recommendation to exercise the option.