以母股易子股
split-off
分拆(Spin-off)是指將欲裁撤的營運或事業部門分割出去成為獨立公司。若分拆後母公司仍存在，母公司股東將其所持有之母公司股份換成子公司股票稱為Split-off。
Spin (Spin-off) refers to the desire to abolish the service or business unit split out as an independent company. If the parent company after the spin-off is still there, a subsidiary of the parent's shareholders will be replaced by shares held by the parent company's stock is called Split-off.