HAID GROUP plans to spin off HAID Holdings for listing on the Hong Kong Stock Exchange
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HAID GROUP plans to spin off its holding subsidiary HAID Holdings for listing on the Hong Kong Stock Exchange. Before the spin-off, HAID GROUP will restructure the equity of its overseas subsidiaries related to feed, seedlings, and animal health products to HAID Holdings. After the spin-off, HAID GROUP will maintain absolute control over HAID Holdings and commit to holding no less than 75% of the shares for 5 years after HAID Holdings is listed. HAID Holdings will focus on independent operations in Asia (excluding East Asia), Africa, and Latin America
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