Delisting is not liquidation, the company continues to exist, just trading in another place. After delisting, if the company is re-listed, it shall provide the financial and accounting reports for the last three fiscal years compiled in accordance with the Accounting Standards for Business Enterprises and audited by accounting firms, and at least provide the audit reports for three years. Three years is a mandatory financial requirement, so the stock can not be listed again until three years after delisting.