What is a company split?

Spin-off The so-called spin-off means that the parent company distributes its shares in the subsidiary to the shareholders of the existing parent company in proportion, thus legally and organizationally separating the operation of the subsidiary from that of the parent company. At this time, there are two independent (initial) companies with the same share ratio, while there was only one company before. This newly established spin-off company, which publicly issues new shares for listing, is called spin-off listing. The opposite operation is mergers and acquisitions.