No, a company that is delisted will still be able to trade on the Third Board market. Just find a securities company that can trade on the Third Board market. If the company can make a profit after staying on the Third Board market for a period of time, it will return to the securities market. .

Delisting at a loss is generally a passive delisting. ST stocks, if a listed company loses money for three consecutive years, will be suspended from listing. If it still fails to meet the conditions for resumption of listing within the specified period, it will be delisted.

For example, *ST Precision (600092) and *ST Longchang (600772) were delisted because they were still unable to publish their annual report within the specified time after being suspended from listing.

Extended information:

Delisting can be divided into active delisting and passive delisting:

Active delisting

Yes It means that the company actively applies to the regulatory authorities for cancellation of the "License" based on the resolutions of the shareholders' meeting and the board of directors. Generally, there are the following reasons: the business period has expired and the shareholders' meeting has decided not to extend it; the shareholders' meeting has decided to dissolve; it is necessary to dissolve due to merger or division; bankruptcy; based on The market needs to adjust its structure and layout.

Passive delisting

It means that a futures institution is forcibly revoked of its "License" by the regulatory authorities, usually due to major violations of laws and regulations or major risks caused by poor operation and management.

Baidu Encyclopedia-Stock Delisting