In a statement on its microblog site the Shanghai Stock Exchange confirmed the company will be removed within five days.

Trading in the stock was suspended last May after threeconsecutive losses in 2010, 2011 and 2012.

The company accepted in Januaryit would face delisting this year when it announced another likely loss.

CSC Nanjing, part of the Sinotrans & CSC group, posted ahuge CNY 5.9bn