For the parent company:
Lido: The spin-off and listing can help the parent company to better focus on its core business and improve management efficiency. In addition, spin-off listing can improve the investment return of the parent company and increase the market value of the parent company.
Negative: the spin-off listing may lead to the dispersion of control rights of the parent company, thus affecting the company's strategic decision-making and implementation. At the same time, the spin-off listing may increase the information disclosure obligation and supervision cost of the parent company.
For GEM:
Lido: The spin-off listing can bring new high-quality enterprises to the GEM and improve the scale and liquidity of the GEM. In addition, the spin-off listing can promote the competition in the GEM market and improve the quality of listed companies.
The bad news: the spin-off listing may lead to oversupply in the Growth Enterprise Market, which will affect the stability of the stock price. In addition, the spin-off listing may distract investors and lead to some companies being underestimated or ignored.
In short, the impact of spin-off listing on the parent company and the Growth Enterprise Market is complex and needs to be analyzed in detail. When making a judgment, we should comprehensively consider the company's strategic objectives, market environment, investor demand and other factors.