On August 25, Sanyou Silicon Industry Co., Ltd., a subsidiary of Sanyou Group, released a pre-plan for listing on the Shenzhen Stock Exchange's GEM Board through a split. Through this split, Sanyou Chemical and Sanyou Silicon Industry will focus on their respective main businesses, realize growth and strength, continuously enhance resource control ability, improve innovation and research and development ability and enterprise operation quality, and enhance the company's profitability and comprehensive competitiveness.
The split and listing of Sanyou Silicon Industry will help to fully play the role of capital market in optimizing resource allocation, directly connect to the capital market, help to further broaden financing channels, improve the overall financing efficiency of the company, and promote the organic silicon new material industry. It will also help to enhance the brand awareness and social influence of Sanyou Silicon Industry, and promote its healthy and sustainable development. The split and listing of Sanyou Silicon Industry will also help to fully release its intrinsic value, and the equity value of Sanyou Chemical held by Sanyou Silicon Industry is expected to further increase.
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