What happened
On Sept 3, 2026, Konka Group Co., Ltd. (000016.SZ) announced that its 11th board of directors, at its 12th meeting, approved a plan to voluntarily withdraw its A-shares and B-shares from listing on the Shenzhen Stock Exchange.
The delisting would be decided by a shareholder resolution at a second extraordinary general meeting scheduled for Sept 14, 2026, with a record date of Sept 3. Both classes of shares are suspended from trading starting at the market open on Sept 4.
If shareholders do not approve the plan, the company will apply to resume trading from Sept 15, 2026, which is the day after the shareholder meeting's resolution is announced.
Why it matters
A voluntary delisting lets a company exit the exchange through a shareholder decision rather than a forced removal, and the brief timeline between announcement and vote suggests management is seeking a quick resolution.
For investors, the key question is whether the shareholder meeting on Sept 14 approves the plan and how the eventual transfer to the delisted-stock trading platform will affect liquidity and trading access.
Key facts
The delisting plan was approved at the 12th meeting of the 11th board of directors.
A-shares and B-shares are suspended from Sept 4, 2026, until the Shenzhen Stock Exchange issues its delisting decision.
The second extraordinary shareholder meeting will be held on Sept 14, 2026; the record date for eligibility is Sept 3, 2026.
If stockholders reject the plan, shares will resume trading from Sept 15, 2026.
After the exchange announces the delisting decision, the shares will be removed within five trading days.
The company had previously disclosed announcements related to the voluntary delisting.
What to watch next
The outcome of the shareholder vote on Sept 14, 2026, and whether the required number of shareholders approves the delisting.
If approved, the timing of the Shenzhen Stock Exchange's official delisting decision and the exact date the shares are removed from trading.
Should the plan fail, the resumption of trading on Sept 15 and any subsequent steps by the company.