Noli shares rose, plans to spin off Wuxi Zhongding for listing

On December 10, the opening price of Noli Shares (603611.SH) was 19.93 yuan per share, and then it rose sharply, with an intraday increase of 5%. As of the close, Noli Shares reported 19.75 yuan per share, up 2.76%, with a total market value of 5.088 billion yuan. On the evening of December 9, Noli Shares announced plans to list its holding subsidiary Wuxi Zhongding Integrated Technology Co., Ltd. (referred to as "Wuxi Zhongding") on the main board of the Hong Kong Stock Exchange.