Last night, Guizhou Maotai (600519. SH) released the resolution announcement of the ninth meeting of the second board of directors in 2019, which said that the board meeting agreed that the company's joint-stock company Guizhou Maotai Group e-commerce Co., Ltd. (hereinafter referred to as e-commerce company) would be dissolved and cancelled, and the company would exercise its shareholders' rights at the general meeting of shareholders of e-commerce company, Vote to approve the dissolution of e-commerce companies and other related proposals.
Guizhou Maotai said that the company holds 25% of the shares of e-commerce company, and the dissolution of e-commerce company will not have a significant impact on the overall business development and financial status of the company.