Hikvision to Spin Off Subsidiary Hikrobot for Shenzhen IPO
Hangzhou-based Hikvision announced on Friday that it plans to spin off subsidiary Hikrobot for an IPO on the Growth Enterprise Market of the Shenzhen Stock Exchange.
After the completion of the move, the company’s shareholding structure will not change. It will maintain its controlling stake of Hikrobot.
Since 2016, Hikvision has further…