BYD to spin off BYD Semiconductor for listing

On May 11, BYD Co., Ltd. (BYD) announced that it intended to spin off its subsidiary BYD Semiconductor Co., Ltd. (BYD Semiconductor) for listing on the GEM (Growth Enterprise Market) board of Shenzhen Stock Exchange.
The spin-off will not change BYD’s equity structure and BYD Semiconductor will remain as BYD’s subsid....

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