Anhui Jinyan Kaolin New Materials (HKG:2693) plans to apply to terminate the listing of its domestic shares on China's National Equities Exchange and Quotations, according to a Friday Hong Kong bourse filing.
The company said trading and financing activity in the domestic shares has been limited in recent years, while maintaining listings on both NEEQ and the Hong Kong Stock Exchange creates additional compliance and coordination costs.
The proposed delisting is intended to improve operating efficiency and reduce costs following the company's Hong Kong listing in December 2025.