Why do listed companies choose to voluntarily withdraw from the market?

Hello, the active delisting of listed companies means that listed companies, based on the considerations of realizing development strategy, maintaining reasonable valuation, stabilizing control rights, and making full use of the comparative advantages and cost-effectiveness of stock exchanges, think that it is no longer necessary to maintain their listed status, or that it is no longer conducive to the company's development, and can voluntarily apply to the stock exchange for termination of listing transactions in accordance with the Securities Law and the rules of the stock exchange. The core of voluntary delisting is to fully respect and protect the delisting decision made by market participants based on the autonomy of will of listed companies.

Voluntary delisting means that the company voluntarily applies to the regulatory authorities for cancellation of the license according to the resolutions of the shareholders' meeting and the board of directors. Generally, there are the following reasons: when the operating period expires, the shareholders' meeting decides not to renew it; The shareholders' meeting decides to dissolve; Dissolution due to merger or division; Bankruptcy; Adjust the structure and layout according to market demand.