Will the company go public after the spin-off of its subsidiaries?
It will definitely go public. It depends on the regulations of the stock exchange to split the subsidiary of an enterprise and go public. It will take three to five months or even longer to go public after the spin-off, so listing is certain. Listing refers to a joint stock limited company whose shares are listed and traded on the stock exchange with the approval of the securities administration department authorized by the State Council or the State Council.