Midea Group (00300.HK) plans to spin off its controlling subsidiary Anda Zhilian and list it on the main board of the Hong Kong Stock Exchange.

The Wisdom Finance and Economics APP announces that Midea Group (00300.HK) has released a notice stating that the company intends to spin off its controlling subsidiary, Andes Zhilian Supply Chain Technology Co., Ltd. (Andes Zhilian), for listing on the Main Board of the Hong Kong Stock Exchange (this spin-off).