Tuobang Co., Ltd. (002139) announced on the evening of March 25th that the company intends to spin off its holding subsidiary R&D Automation to the GEM of Shenzhen Stock Exchange. Through this spin-off, Tuobang will further focus on its business, pay more attention to household appliances, tools, new energy fields and other businesses, build R&D and control automation into an independent listing platform for its subsidiaries to engage in the production and sales of R&D and motion control core components, and enhance its financial strength through GEM financing, thus making the industrial control business sector bigger and stronger.