Financials, Automotive, Technology Nov 29, 2021 06:58 AM (GMT+8) · EqualOcean
Financial Associated Press, November 29 (Xinhua) -- the traditional car companies running on the new energy track are taking the spin off and listing as "good in mind". On November 26, SAIC announced that it planned to spin off jiehydrogen technology to be listed on the science and innovation board, which received extensive attention from the market because it focused on hydrogen fuel cells. At the same time, the spin off plans of Great Wall Motors, BYD and other auto enterprises are also being promoted. In the view of insiders, the relevant rules issued in 2019 provide the possibility of operation for the spin off and listing of automobile enterprises. At present, the market's different valuation methods for fuel vehicles and new energy vehicles give automobile enterprises greater impetus to implement the spin off as soon as possible.