What does delisting of listed companies mean?
On the stock market: the delisting of listed companies shows that the market system is perfect, good listed companies stay and bad listed companies are kicked out. Otherwise, a bad listed company is like a time bomb, which will endanger the healthy development of the market.
For investors, delisting is equivalent to a "filter", on the one hand, it can protect investors, on the other hand, it can teach everyone not to invest blindly;
For the company: this is definitely the last thing the company wants to see. Financing and operation will be more difficult, but long-term pain is better than short-term pain, so we must scrape the bones to heal the wounds. Since it does not meet the listing requirements, delisting is also an inevitable result.
For employees of the company: the company's delisting will have a certain impact on employees, and may even lose their jobs. The chairman of Xintai Electric, who has been delisted, once said that the company has difficulties in operation. In this case, it is difficult for employees to be unscathed.