京東(09618.HK)擬分拆京東健康於聯交所上市
格隆匯9月27日丨京東(09618.HK)公佈,公司擬通過以京東健康股份於香港聯交所主板獨立上市的方式分拆京東健康。根據第15項應用指引,公司已就擬議分拆向香港聯交所提交分拆建議,而香港聯交所已確認公司可進行擬議分拆。
現建議,擬議分拆將以京東健康股份全球發售的方式進行(包括香港公開發售及國際發售)。擬議分拆完成後,公司將間接持有京東健康不少於50%的股權,因此,京東健康將仍為公司的子公司。
京東健康於2018年11月30日在開曼羣島註冊成立。於本公告日期,公司透過全資子公司持有京東健康已發行股本總額的約81.04%。根據弗若斯特沙利文的報告,按2019年收入計,京東健康是中國最大的在線醫療健康平台及最大的在線零售藥房。京東健康致力於打造以醫藥及健康產品供應為核心,醫療服務為抓手,數字驅動的用户全生命週期全場景的健康管理平台。
擬議分拆完成後,京東集團將繼續經營線上零售和電子商務平台業務,提供豐富的產品種類(醫藥產品及服務除外),以及以供應鏈為基礎的技術與服務。
董事會認為擬議分拆將對公司及京東健康有利,其中包括:(i)預期京東健康集團的業務將進行較為快速的業務擴展且擬議分拆會促進京東健康的增長。這將吸引尋求醫療健康業務高增長機會的投資者羣體,這不同於京東集團業務更為多元化的業務模式。
(ii)監於在香港聯交所上市將(a)提升京東健康集團在用户、患者、醫生及其他業務夥伴中的形象,加強其招聘人才的能力;(b)使京東健康集團將來於需要時可直接獨立進入股票及債務資本市場,並進一步增強其獲取銀行信貸融資的能力;及(c)為欲分析醫療健康業務信用及向醫療健康業務放貸的評級機構及金融機構提供京東健康集團的清晰信用情況,故預期京東健康集團的價值會因擬議分拆而增加,而公司作為京東健康的控股股東之一亦會因此獲益。
(iii)擬議分拆允許京東健康集團和京東集團分別專注其核心業務,抓住各自的增長勢頭從而為股東帶來長期的價值;及(iv)由於京東健康為獨立上市實體,公司可完全專注於並將資金調配於京東集團業務的發展,而毋須考慮京東健康集團的資金需求。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.