Konka Group Co., Ltd. (formerly *ST Konka A) has announced its decision to voluntarily withdraw its A-shares and B-shares from trading on the Shenzhen Stock Exchange, marking a significant corporate restructuring move.

The company confirmed that this delisting initiative was formally approved at its second extraordinary shareholders' meeting held on September 14, 2026. Following this approval, the company has now officially submitted its voluntary delisting application to the Shenzhen Stock Exchange, positioning this as a proactive termination of its listing status.

Once the delisting process is complete, the company intends to transfer its shares to the delisted securities platform managed by the National Equities Exchange and Quotations (NEEQ) for continued trading. This transition will provide existing shareholders with a channel to maintain liquidity in their holdings.

Prior to this decision, the company's audited net assets attributable to parent shareholders for the fiscal year 2025 stood at negative 6.083 billion yuan, triggering the exchange's delisting risk warning mechanism. As a result, the company's shares have been subject to the risk warning designation since April 30, 2026. At this stage, the company has officially entered the procedural phase for voluntary delisting, with all required steps now underway.