Konka Group Co LtdCompany plans to voluntarily terminate listing, offering cash option to shareholders, reflecting poor financial performance with net loss.

*ST Konka A announced on August 31 that its board of directors has approved a proposal to voluntarily terminate the listing of its shares, and has put in place protection mechanisms for dissenting shareholders and other shareholders. After approval by the shareholders' meeting, all A-share and B-share shareholders other than Panshi Runchuang and Hemao Company, who are registered on the record date for the cash option, will be entitled to the cash option. The record date for A shares is proposed to be September 22, 2026, and for B shares September 28. In the first half of 2026, the company achieved revenue of 3.852 billion yuan, with net profit attributable to the parent company of negative 173 million yuan.
Konka Group Co LtdCompany plans to voluntarily terminate listing, offering cash option to shareholders, reflecting poor financial performance with net loss.