百度分拆芯片业务 昆仑芯已提交上市申请表格

Group 1 - The core announcement is that Baidu has submitted a proposal to the Hong Kong Stock Exchange for the spin-off and public listing of Kunlun Chip [2] - Kunlun Chip has already submitted its listing application form (A1 form) to the Hong Kong Stock Exchange through its joint sponsors in a confidential manner [2] - The proposed spin-off will involve a global offering of Kunlun Chip shares, including a public offering in Hong Kong and a placement to institutional and professional investors [2] Group 2 - Baidu believes that the spin-off will be beneficial for both the company and Kunlun Chip, aligning with the overall interests of shareholders [2] - The spin-off is expected to enhance the operational and financial transparency of Kunlun Chip, allowing investors to clearly distinguish its performance and potential from Baidu's retained business [2] - The business model of Kunlun Chip, which focuses on general AI computing chips and related hardware and software systems, is anticipated to attract a specific group of investors [2] Group 3 - Baidu asserts that Kunlun Chip's business is sufficiently scaled to seek a public listing, which will enhance its image among customers, suppliers, and potential strategic partners [2] - The spin-off will enable Kunlun Chip to independently access equity and debt capital markets, allowing Baidu to allocate financial resources more effectively [2] - The proposal aims to link the responsibilities and accountability of both companies' management teams to their respective operational and financial performances, thereby strengthening corporate governance [2] Group 4 - As of the latest report, Baidu's stock price is 142.4 HKD, reflecting a 7.8% increase since the opening, with a total market capitalization of 391.6 billion HKD [3]