Faifei News Agency, April 20, accompanied by an announcement by Zheng Coal Machinery, a state-owned enterprise in Henan Province on April 19, the latest order "A dismantling A" was released in 2023. According to the plan, Zheng Coal Machinery plans to spin off its subsidiaries and specialize in Hengda Intelligence Control, which specializes in coal intelligent mining control system and its core components, to Kechuang Board for independent listing. Since the Securities Regulatory Commission issued several provisions on the domestic listing of listed companies at the end of 2019, the enthusiasm for the spin-off of listed companies has become more and more high. As of March 2023, 21 companies have completed spin-off and listing, and more than 100 A-share companies have issued spin-off and listing announcements. "with the gradual increase of diversified companies in the A-share market and the gradual maturity of the market trading and regulatory environment, spin-off and listing has become an important means of resource allocation and asset restructuring, and relevant cases will continue to increase in the future." Cui Bin, founding partner of Huamin Investment, said a few days ago that spin-off has become the best solution for industrial expansion and investment of listed companies, which also shows three main lines of investment. (Shanghai Stock Exchange News)