1. Adjustment and reconstruction of the company's strategy and structure. The simple understanding is to relieve the pressure of performance. Another consideration is that after delisting, you don't have to publish your strategic intentions and financial data.

2. The valuation of American market is not high. The valuation and share price of listed companies have shrunk dramatically, and some companies have begun to consider privatization.

3. return to a shares.

4. High listing and operating costs. The main body of American listed companies is to meet the needs of China Securities Regulatory Commission and Nasdaq market.

Requirements, the need for regular or irregular disclosure of the company's operating and financial performance, the need to maintain a good relationship with investors, the need for regular financial report audit and internal control audit. The annual fee paid to lawyers, auditors, investor relations consultants and other consultants is not less than one million dollars, which makes some listed companies with small market value overwhelmed.

5. Chinese concept stocks are facing more and more external pressures in the United States, such as stricter supervision and requirements of the CSRC and the exchange, the negative impact of short-selling forces, including class actions, and so on.