Since this year, the voluntary delisting of listed companies has achieved new breakthroughs in scale, method, and premium. According to Wind statistics, as of September 8, there have been 4 active delisting cases in the capital market during the year, involving 5 listed companies. Specifically, Debon shares were delisted on March 31, and the takeover of Waxle B was completed. *ST Konka's voluntary delisting was reviewed and approved by the board of directors, and CICC's absorption and merger of Dongxing Securities and Cinda Securities has been approved by the Securities Regulatory Commission. Judging from the exit method, the voluntary delisting of listed companies shows a new pattern where multiple paths such as privatization, delisting by shareholders' meeting decisions, and absorption and mergers go hand in hand. Among them, Debon shares are “resource integration after merger and acquisition”, Waxle B is a “tender acquisition” privatization, *ST Konka is a “survival type” delisting, and CICC's “three-in-one” delisting is a “absorption and merger” delisting. Various types of active delisting are carried out in parallel, which means that the diversified delisting pattern in the capital market continues to improve.

Since this year, the voluntary delisting of listed companies has achieved new breakthroughs in scale, method, and premium. According to Wind statistics, as of September 8, there have been 4 active delisting cases in the capital market during the year, involving 5 listed companies. Specifically, Debon shares were delisted on March 31, and the takeover of Waxle B was completed. *ST Konka's voluntary delisting was reviewed and approved by the board of directors, and CICC's absorption and merger of Dongxing Securities and Cinda Securities has been approved by the Securities Regulatory Commission. Judging from the exit method, the voluntary delisting of listed companies shows a new pattern where multiple paths such as privatization, delisting by shareholders' meeting decisions, and absorption and mergers go hand in hand. Among them, Debon shares are “resource integration after merger and acquisition”, Waxle B is a “tender acquisition” privatization, *ST Konka is a “survival type” delisting, and CICC's “three-in-one” delisting is a “absorption and merger” delisting. Various types of active delisting are carried out in parallel, which means that the diversified delisting pattern in the capital market continues to improve.