What impact will the spin-off listing have on the parent company?

1, the investment income value of the subsidiary to the parent company.

How does the market performance of the subsidiary after listing determine the investment income value of the parent company, that is, the investment income of the equity held by the parent company can be obtained by subtracting the initial investment of the parent company from the market value of the subsidiary after listing.

2. The parent company retains the control over its subsidiaries.

The parent company owns a large part of the equity of the subsidiary, so it still retains control over the assets and operations of the subsidiary.

3. It can improve the investment value.

The spin-off and listing of subsidiaries often brings a certain proportion of excess returns to the parent company, which can improve its investment value.

Extended data

China Securities Regulatory Commission allows domestic listed companies to spin off their subsidiaries for listing on GEM, but a series of conditions must be met:

1. The publicly raised funds of listed companies are not invested in the issuer's business; The listed company has made profits in the last three years and its operation is normal;

2. There is no horizontal competition between the listed company and the issuer, and there is no major related party transaction between the shareholders of the listed company and the issuer or between the actual controller and the issuer;

3. The net profit of the issuer shall not exceed 50% of the net profit of the listed company;

4. The net assets of the issuer shall not exceed 30% of the net assets of the listed company;

5. Before the issuance, the directors, supervisors, senior managers and relatives of listed companies and their subordinate enterprises hold no more than 65,438+00% of the issuer's shares.

Baidu Encyclopedia-Split List

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