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BYD Semiconductor spinoff set for Shenzhen Stock Exchange start Elles Houweling 14:54) helloabc / Shutterstock.com Share Article Chinese manufacturing company BYD has announced that its board of directors have agreed to its spinoff, BYD Semiconductor, going public on the Shenzhen Stock Exchange’s ChiNext market. The company said that the spinoff would not result in any changes in BYD’s equity structure, and BYD would still be the controlling shareholder of BYD Semiconductor. Upon completion of the spinoff, BYD Semiconductor would continue working on its core business in the R&D, production and sale of power semiconductors, intelligent control units, intelligent sensors, and...
