FAP, April 19, at the "first China listed companies Industrial Development and spin-off listing Forum" held on April 18, Sun Nianrui, party committee member and vice president of the China Association of listed companies, said that while the ecology of the capital market is further improved and the high-quality development pattern of listed companies is gradually taking shape. There are great differences in different business sectors of some large diversified listed companies, in which the high-tech and high-growth sub-sectors are not necessarily fully recognized and priced by the capital market, thus giving birth to the spin-off listing system. Under the influence of the active promotion of the policy environment, the upsurge of A-share spin-off and listing continues. According to the incomplete statistics of the data and the announcement of listed companies, as of April 18, there have been 21 real cases of "A split A" spin-off listing of A shares, and more than 100 listed companies have issued spin-off listing plans. (Securities Daily)