Hikvision Spins Off Subsidiary Hikrobot for Shenzhen IPO – Pandaily


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Hikvision Spins Off Subsidiary Hikrobot for Shenzhen IPO – Pandaily Markets By Sydney Barrett Last updated Jun 13, 2022 Share Hangzhou-based Hikvision announced on Friday that it plans to spin off its subsidiary Hikrobot for an IPO on the Shenzhen Stock Exchange’s Growth Enterprise Market. Once the move is complete, the company’s shareholder structure will not change. It will retain its majority stake in Hikrobot. Since 2016, Hikvision has continued to explore various applications for users’ diversified need scenarios based on the traditional security business. According to an introduction, the company has eight innovative business segments, namely Smart Homes, Mobile...