SZSE accepts BYD's application for spinning off semiconductor subsidiary
2021-07-01 11:35:36 [Print]
On 30 June, BYD released an announcement at Shenzhen Stock Exchange (SZSE) regarding the plan for spinning off its subsidiary BYD Semiconductor Co
Founded in October 2004 as Shenzhen BYD Microelectronics Co., Ltd . , BYD is mainly engaged in research and development, production as well as sales of power semiconductor, intelligent-controlled IC, intelligent sensor and optoelectronic semiconductor.
Directly holding 72.30% shares, BYD is the controlling shareholder of BYD Semiconductor . According to the proposal revealed by BYD, BYD will continue having control over BYD Semiconductor after the spin-off.
. , Ltd . and listing the subsidiary at the Growth Enterprise Market, which was accepted by SZSE.Founded in October 2004 as Shenzhen BYD Microelectronics Co., Ltd . , BYD is mainly engaged in research and development, production as well as sales of power semiconductor, intelligent-controlled IC, intelligent sensor and optoelectronic semiconductor.
Directly holding 72.30% shares, BYD is the controlling shareholder of BYD Semiconductor . According to the proposal revealed by BYD, BYD will continue having control over BYD Semiconductor after the spin-off.