Huichuan Technology spun off an IPO with a valuation of nearly 50 billion?

Showcase, discuss, and inspire with creative America Data Set.
Post Reply
Rina7RS
Posts: 486
Joined: Mon Dec 23, 2024 3:47 am

Huichuan Technology spun off an IPO with a valuation of nearly 50 billion?

Post by Rina7RS »

Spin-off listing can not only allow subsidiaries to focus more on core businesses, expand new financing channels, and mobilize the competitiveness and development potential of corresponding subsidiaries through equity incentives. For some listed companies in traditional industries, by spinning off new businesses and listing them, the new businesses can also have independent valuations, which has many benefits .

However, not all spin-off listings will be successful. In 2024, 30 companies including SAIC Group, Han's Laser, Sichuan Energy Investment, Jingsheng Mechanical and Electrical, Dongfang Precision, and Jiangxi Copper bosnia and herzegovina telegram data announced their spin-off listing plans. But there are also successful cases, such as iFlytek Medical, a subsidiary of iFlytek, which successfully listed on the Hong Kong Stock Exchange in December 2024.

Glodon News learned that recently, United Power, which is controlled by Huichuan Technology 300124Z, has been seeking to be listed on the Growth Enterprise Market under the sponsorship of Guotai Junan Securities. What is the quality of this company? Let's find out.
Post Reply