(Reuters). Didi Global, a Chinese ride hailing company, has been delisted from New York Stock Exchange. Its majority shareholders voted for the move, ending a yearlong dispute between Beijing and Didi Global over the U.S. Stock Market listing.

The company stated that 96.26% vote in support of Didi’s American depositary shares being removed from the NYSE at an extraordinary general meeting (EGM), held Monday.

Members holding approximately 811.44 millions shares out of the total 1.2 billion outstanding shares as at April 28, this year cast their votes for the EGM.

It’s the best option for shareholders. “They were going to hell if they (Didi), continued to disobey the Chinese government,” stated Thomas Hayes chairman of Green Hill Capital.

Didi set last month the EGM to vote on delisting proposals. It also stated at that time that it would not seek to list shares on other stock exchanges before delisting.

Didi has not yet indicated when or if the shares could be successfully listed in Hong Kong following the New York delisting.

Didi’s business has been struggling to get back to normal since it was forced to list in New York for $4.4 Billion last June, despite being requested to suspend the listing.

Didi was made public just days after China’s strong internet surveillance agency Cyberspace Administration of China became available. ()Didi launched a cyber-security probe and demanded that app stores remove 25 of its mobile apps.

CAC told Didi, too, to cease registering users. This was citing national security concerns and the public interest.

To delist ADS, the company will file Form 25 to the U.S. Securities and Exchange Commission.