What are the advantages of listed companies without parent companies?

Listed companies without parent companies have many advantages:

1. First of all, there is no interest transfer problem with major shareholders;

2. Company executives serve the joint-stock company wholeheartedly;

For example, Vanke has no parent company, so all innovative businesses and transformation businesses are directly owned by the joint-stock company, and the executives of listed companies will serve the joint-stock company wholeheartedly. Now Vanke's property, education, and perhaps community medical care, pension, tourism, and logistics will all be behind. These assets belong to listed companies from the beginning. If these assets are not split and listed, each item will have a market value of tens of billions or even hundreds of billions, which will bring great growth to the joint-stock company.