What are the circumstances of compulsory delisting of science and technology innovation board?
1 Mandatory delisting for major violations, including major violations of information disclosure and public security;
2. Forced delisting of transactions, including the cumulative trading volume of stocks is lower than a certain index, and the closing price, market value and number of shareholders of stocks continue to be lower than a certain index;
3. Forced financial delisting, that is, the ability to continue operations is obviously lost, including the stagnation or extremely low scale of most main businesses, and the substantial reduction of operating assets, which makes it impossible to maintain daily operations;
4. Mandatory delisting in the normative category, including the company touching relevant compliance indicators in terms of information disclosure, periodic report release, and changes in the company's total share capital or equity distribution.
The above four categories are the situations in which listed companies of science and technology innovation board may be forced to withdraw from the market according to the Listing Rules of Science and technology innovation board stock exchange. Investors should pay attention to the fact that if the shares of companies listed on the Science and Technology Innovation Board are terminated, they may not apply for re-listing.