港股半导体板块走强，华虹半导体(01347.HK)涨超10%，晶门半导体(02878.HK)、上海复旦 (01385.HK)、中芯国际(00981.HK)涨超5%。 ...

Core Viewpoint - The semiconductor stocks in Hong Kong have shown strong performance, with notable gains in specific companies [1] Company Performance - Hua Hong Semiconductor (01347.HK) increased by 7.62% [1] - Shanghai Fudan (01385.HK) rose by 4.06% [1] - SMIC (00981.HK) experienced a gain of 3.17% [1]

恒生科技指数收盘涨2.64%。半导体股大涨，中芯国际涨约10%，华虹半导体涨约8%。地产股上涨，融 创中国涨约13%。部分科技股上涨，小米集团涨约8%。南向资金净买额约356亿元，创历史新高。 ...

金十数据4月9日讯，港股低开高走，恒指午后转涨，此前一度跌超4%，恒生科技指数涨超2%，芯片股 走强，中芯国际(00981.HK)涨近11%，华虹半导体(01347.HK)涨超7%。 恒指翻红 此前一度跌超4% ...

港股半导体板块部分回暖，上海复旦(01385.HK)涨超8%，中芯国际(00981.HK)涨6.7%，华虹半导体 (01347.HK)涨超5%。 ...

Financial Performance - In 2024, the company's operating revenue decreased by 11.36% compared to the same period last year[3]. - The net profit attributable to the parent company decreased by 80.34% year-on-year[3]. - The basic earnings per share dropped to $0.22 in 2024, down 83.21% from the previous year[24]. - The net profit attributable to shareholders for the current period is approximately ¥380.58 million, a significant decrease from ¥1.94 billion in the previous period, primarily due to a decline in average sales prices in wafer foundry and an increase in R&D expenses[27]. - The company reported a net profit of ¥380,576,197.36 for the most recent fiscal year[164]. - The company achieved operating revenue of RMB 14.388 billion, a decrease of 11.36% compared to the same period last year[82]. - Cash generated from operating activities was RMB 3.608 billion, a decline of 29.32% compared to the previous year[82]. - The net cash flow from operating activities decreased by 29.32% to ¥3.61 billion, down from ¥5.10 billion year-on-year[84]. - The company has seen strong demand for its power management chips due to a recovery in the mobile phone and consumer electronics markets, as well as increased AI penetration[39]. Governance and Compliance - The company is classified as a red-chip enterprise, indicating specific governance arrangements[6]. - The company has established a comprehensive governance system to protect investor rights, ensuring compliance with applicable laws and regulations[126]. - The company has received commitments from its controlling shareholders to avoid competition, ensuring operational independence[127]. - The company has established a comprehensive corporate governance system in accordance with applicable laws and regulations, ensuring that shareholder rights, including asset returns and participation in major decisions, meet or exceed domestic legal requirements[128]. - The company disclosed executive compensation in its annual report, in compliance with the China Securities Regulatory Commission's regulations, ensuring the completeness of information disclosure[129]. - The company has maintained stable shareholding among its board members, with no changes in shareholdings reported for the chairman and other directors during the reporting period[131]. - The company is governed by the special provisions for red-chip enterprises as per the STAR Market Listing Rules, ensuring compliance with relevant legal frameworks[130]. Research and Development - The company has accumulated 4,644 authorized patents by the end of 2024, reflecting its commitment to innovation and core competitiveness[15]. - R&D investment accounted for 11.42% of the operating revenue in 2024, an increase of 2.31 percentage points compared to the previous year[24]. - The total R&D investment for the year reached approximately ¥1.64 billion, an increase of 11.13% from the previous year, with R&D expenses accounting for 11.42% of operating revenue, up from 9.11%[62]. - The company has filed 665 domestic invention patents and 20 international patents this year, with a total of 9,649 patents filed cumulatively[60]. - The company has established a comprehensive research and development system to drive innovation across various process platforms[46]. - The company is focusing on differentiated technology development, particularly in embedded non-volatile memory, power devices, and analog power management, to enhance its competitive edge[37]. Market and Industry Outlook - The global semiconductor market is projected to reach approximately $632.3 billion in 2024, reflecting a year-on-year growth of 20.3%[37]. - The company expects a steady increase in revenue starting from 2025 due to the new manufacturing project and ongoing demand recovery in various sectors[15]. - The global semiconductor market is projected to recover moderately in 2025, with an expected sales growth of 22.4% to approximately $622 billion in 2024[51]. - The semiconductor foundry industry is experiencing rapid development driven by new demands in applications such as automotive electronics, industrial manufacturing, and IoT, leading to increased opportunities for wafer manufacturing technology breakthroughs[55]. Environmental and Social Responsibility - The company is committed to sustainable development and actively responds to national carbon neutrality strategies[173]. - The company has achieved Platinum Award certification from the Responsible Business Alliance, emphasizing employee rights and environmental responsibility[173]. - The company has implemented a comprehensive environmental management system, achieving ISO 14001 certification for all production bases[195]. - The company has established a robust environmental risk management system to address climate-related risks and opportunities[196]. - The company has implemented self-monitoring plans in accordance with environmental impact assessments and discharge permits, with all emission indicators meeting standards[183]. Strategic Initiatives - The company plans to deepen strategic collaboration with customers and partners to enhance supply chain localization in the Chinese market[15]. - The company aims to optimize its advanced "specialty IC + power device" product mix to increase the proportion of high-value products[15]. - The company is actively building an ecosystem to support national strategies, focusing on collaboration with terminal application enterprises and chip design customers[42]. - The company is expanding its 12-inch production and technology platform, enhancing its advanced "specialty IC + power discrete" product offerings[58]. - The company is implementing a "China for China" strategy to enhance domestic industrial ecosystems and support new business and product platform development[53]. Operational Efficiency - The company is enhancing its operational efficiency and cost control measures to improve profitability amidst challenges in supply-demand balance in the power device sector[41]. - The company plans to gradually release more capacity from the Huahong manufacturing project, which is expected to enter ramp-up phase in 2025, with a monthly capacity of 83,000 wafers[42]. - The company aims to enhance its operational efficiency and product offerings by 2025, focusing on key technology platforms and flexible capacity allocation[122]. - The company has set a goal to reduce operational costs by 5% through efficiency improvements in manufacturing processes[134]. Human Resources - The total number of employees in the parent company and major subsidiaries is 7,487, with 5,505 in production, 113 in sales, and 1,427 in R&D[157]. - Employee training coverage reached 100% in 2024, with an average of 137.3 training hours per employee[159]. - The company has a competitive compensation policy based on performance, position, and skills, along with various benefits for employees[158]. - The company emphasizes the importance of talent retention and recruitment in the semiconductor industry to maintain its technological edge[71]. Risks and Challenges - The company faces significant risks including industry cyclicality, intense competition, and potential delays in customer product acceptance[7]. - The semiconductor industry faces risks from demand fluctuations in consumer electronics, industrial, and new energy sectors, which could impact revenue[73]. - Supply chain risks are present due to reliance on specific raw materials and limited qualified suppliers, potentially affecting product delivery[74]. - The company is exposed to performance volatility risks due to economic slowdown and geopolitical factors affecting market demand[74]. - The company is facing risks related to not keeping pace with technological iterations in the semiconductor industry, which could impact its competitive position[70].

A股代码：688347A股简称：华虹公司公告编号：2025-011 港股代码：01347 港股简称：华虹半导体 华虹半导体有限公司 关于续聘会计师事务所的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 重要内容提示： ● 拟聘任的会计师事务所名称：安永华明会计师事务所（特殊普通合伙）（以下简称"安永华明"）为华 虹半导体有限公司（以下简称"公司"）中国企业会计准则财务报告审计师，安永会计师事务所（以下简 称"安永香港"）为公司香港财务报告准则财务报告核数师。 一、拟聘任会计师事务所的基本情况 （一）机构信息 1、安永华明 （1）基本信息 安永华明于1992年9月成立，2012年8月完成本土化转制，从一家中外合作的有限责任制事务所转制为特 殊普通合伙制事务所。安永华明总部设在北京，注册地址为北京市东城区东长安街1号东方广场安永大 楼17层01-12室。 截至2024年末拥有合伙人251人，首席合伙人为毛鞍宁先生。安永华明一直以来注重人才培养，截至 2024年末拥有执业注册会计师逾1700人，其中拥有证券相关业务服务经验 ...

HUA HONG SEMICONDUCTOR LIMITED 華虹半導體有限公司 (Incorporated in Hong Kong with limited liability) (Stock Code: 01347) （股份代號：01347） （於香港註冊成立之有限公司） CONTENTS | Definitions | 2 | | --- | --- | | Key Financials | 6 | | Letter to Shareholders | 7 | | Corporate Information | 9 | | Directors and Senior Management Team | 12 | | Corporate Governance Report | 22 | | Directors' Report | 34 | | 2024 Environmental, Social and Governance Report | 66 | | Independent Auditor's Report | 293 | | Consolidated Statement of Profit or ...

| A 股代码：688347 | A 股简称：华虹公司 | 公告编号：2025-011 | | --- | --- | --- | | 港股代码：01347 | 港股简称：华虹半导体 | | 华虹半导体有限公司 关于续聘会计师事务所的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 拟聘任的会计师事务所名称：安永华明会计师事务所（特殊普通合伙）（以 下简称"安永华明"）为华虹半导体有限公司（以下简称"公司"）中国企 业会计准则财务报告审计师，安永会计师事务所（以下简称"安永香港"） 为公司香港财务报告准则财务报告核数师。 一、 拟聘任会计师事务所的基本情况 （一）机构信息 1、安永华明 （1）基本信息 安永华明于 1992 年 9 月成立，2012 年 8 月完成本土化转制，从一家中外合 作的有限责任制事务所转制为特殊普通合伙制事务所。安永华明总部设在北京， 注册地址为北京市东城区东长安街 1 号东方广场安永大楼 17 层 01-12 室。 截至 2024 年末拥有合伙人 251 人，首席合伙人为毛鞍宁 ...

此乃要件 请即处理 阁下对本通函任何方面或应采取的行动如有任何疑问，应咨询股票经纪或其他注册证券商、银行经 理、律师、专业会计师或其他专业顾问。 阁下如已售出或转让名下所有华虹半导体有限公司的股份，应立即将本通函连同随附的代表委任表 格转交予买主或承让人、或经手买卖或转让的银行、股票经纪或其他代理人，以便转交买主或承让 人。 香港交易及结算所有限公司及香港联合交易所有限公司对本通函的内容概不负责，对其准确性或完 整性亦不发表任何声明，并明确表示，概不对因本通函全部或任何部分内容而产生或因倚赖该等内 容而引致的任何损失承担任何责任。 HUA HONG SEMICONDUCTOR LIMITED 华虹半导体有限公司 二零二五年四月八日 (2) 二零二四年度溢利分配预案 ； (3) 建议授出购回股份及发行股份的一般授权 ； (4) 建议修订组织章程细则 ； 及 (5) 股东周年大会通告 华虹半导体有限公司谨订于二零二五年五月八日下午二时三十分在香港金钟道88号太古广场港丽酒 店举行股东周年大会，大会通告载于本通函第34至38页。随函亦附奉股东周年大会适用的代表委任 表格。该代表委任表格亦于香港交易及结算所有限公司的 ...