Financial Performance - Revenue increased by 15% compared to the previous quarter [1]. - Net profit margin improved to 12%, up from 10% last year [2]. - Operating expenses rose by 8% due to increased marketing efforts [3]. - Earnings per share (EPS) reached $1.50, surpassing analyst expectations [4]. Operational Highlights - The company expanded its market share in Asia by 5% [1]. - A new production facility was inaugurated, increasing capacity by 20% [2]. - Customer retention rates improved to 85%, up from 80% [3]. - Supply chain disruptions were minimized, leading to a 10% reduction in delivery times [4]. Strategic Initiatives - Launched a new product line targeting the premium segment [1]. - Entered into a strategic partnership with a leading tech firm to enhance digital capabilities [2]. - Invested $50 million in R&D to drive innovation [3]. - Announced plans to expand into two new international markets by the end of the year [4]. Risk Management - Identified potential risks in the supply chain and implemented mitigation strategies [1]. - Increased cybersecurity measures to protect against data breaches [2]. - Conducted a comprehensive review of compliance policies to ensure adherence to new regulations [3]. - Established a contingency fund to address unforeseen financial challenges [4]. Corporate Social Responsibility (CSR) - Reduced carbon emissions by 15% through sustainable practices [1]. - Donated $1 million to local communities for education and healthcare initiatives [2]. - Achieved a 20% increase in employee volunteer participation [3]. - Launched a diversity and inclusion program to enhance workplace culture [4].

Financial Performance - Sales revenue for Q3 2024 was $526.3 million, a year-over-year decrease of 7.4% but a quarter-over-quarter increase of 10.0%[1] - Gross margin was 12.2%, down 3.9 percentage points year-over-year, but up 1.7 percentage points quarter-over-quarter[1] - Net profit attributable to shareholders was $44.8 million, an increase of 222.6% year-over-year and 571.6% quarter-over-quarter[2] - Basic earnings per share increased to $0.026, up 188.9% year-over-year and 550.0% quarter-over-quarter[2] - Annualized return on equity was 2.8%, up 1.6 percentage points year-over-year and 2.4 percentage points quarter-over-quarter[2] - Total revenue decreased by 7.4% to $526,306 million compared to $568,529 million in the previous period[14] - IGBT revenue declined by 58.0% to $16,358 million, while MCU revenue decreased by 82.0% to $878 million[13] - CIS revenue increased by 54.4% to $77,010 million, contributing significantly to overall growth[14] - Revenue for the latest quarter reached approximately $1.72 billion, showing a slight increase from $1.58 billion in the previous quarter[25] - The company reported a net income of $34.37 million, compared to a net loss of $12.86 million in the previous quarter[28] Future Guidance - Q4 2024 revenue guidance is projected to be between $530 million and $540 million[3] - Q4 2024 gross margin is expected to be between 11% and 13%[3] - Future guidance projects revenue growth of approximately 10% for the next quarter, targeting around $1.89 billion[25] Operational Efficiency - The 300mm wafer production capacity reached 95%, indicating strong operational efficiency[17] - Gross margin improved to 44.8%, up from 39.7% in the previous quarter, reflecting better cost management[26] - The company reported a significant increase in cash flow from operations, totaling $1.24 billion, compared to $1.07 billion in the previous quarter[27] Market and Technology Development - The construction of the new 12-inch production line in Wuxi is progressing as planned, with trial production expected to start by the end of this year[4] - The company aims to leverage the new production line for continuous technological iterations to meet emerging demands[4] - The semiconductor market is showing signs of recovery, particularly in consumer electronics and emerging applications, although demand for power semiconductors remains to be observed[4] - Future outlook indicates a focus on expanding market share and developing new technologies[16] - New product launches are expected to drive revenue growth in the upcoming quarters[18] - The company is investing in new product development, with R&D expenses totaling $225.71 million, an increase from $207.15 million in the previous quarter[26] - New technology initiatives are expected to drive additional revenue, with projected contributions of $100 million in the next fiscal year[30] Strategic Initiatives - The company plans to enhance its market expansion strategy through potential acquisitions and partnerships[19] - Market expansion efforts are underway, with plans to enter two new international markets by Q2 2024[30] - The company has completed a strategic acquisition of a smaller semiconductor firm for $492.45 million, enhancing its technology portfolio[29] - The company reported a 1.8% increase in IGBT revenue, totaling $5,704 million[16] - The 55nm and 65nm segment accounted for 22.2% of total revenue, with a total of $116,596 million[15] - The 0.35µm segment represented 38.0% of total revenue, totaling $200,421 million, despite a 25.0% decline[15] User Engagement - User data indicated a significant increase in active users, with a total of 6,007,273 users, up from 4,605,764 in the previous quarter[26]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2024年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 華虹半導體有限公司（於香港註冊成立的有限公司） 呈交日期: 2024年11月5日 I. 法定/註冊股本變動 不適用 FF301 第 1 頁 共 10 頁 v 1.1.0 本月內因行使期權所得資金總額： HKD 6,891,237.86 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01347 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 1,309,963,180 | | 0 | | 1,309,963,180 | | 增加 / 減少 (-) | | | 447,176 | | | | ...

证券时报网讯，恒生科技指数涨幅扩大至2%，截至最新，比亚迪电子涨5.61%，华虹半导体涨幅为 4.94%，理想汽车-W涨幅达到4.44%，众安在线和中芯国际分别以3.99%和3.51%的涨幅位列其后，此 外，京东健康、阿里健康、阅文集团、舜宇光学科技、小米集团-W、商汤-W和金山软件均实现了超过 3%的涨幅。 校对：杨舒欣 ...

一、说明会类型 | A 股代码：688347 | 股简称：华虹公司 A 港股简称：华虹半导体 | 公告编号：2024-025 | | --- | --- | --- | | 港股代码：01347 | | | 华虹半导体有限公司 关于召开 2024 年第三季度业绩说明会的预告公告 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。 重要事项提示： 1 华虹半导体有限公司（以下简称"公司"）将于 2024 年 11 月 7 日 交易时段 后披露公司 2024 年第三季度业绩，相关内容请详见上海证券交易所网站 （http://www.sse.com.cn/）及香港交易所网站（https://www.hkex.com.hk/）。 为方便广大投资者更全面深入了解公司经营业绩的具体情况，公司拟于 2024 年 11 月 7 日举行"2024 年第三季度业绩说明会"。 二、 说明会召开的时间、地点 说明会将于 2024 年 11 月 7 日（星期四）下午 17:00-18:00 通过网络/电话会议 方式举行。 三、 投资者参加方式 1、网络 ...

董事會會議日期通知 華虹半導體有限公司（「本公司」）特此通知，本公司謹訂於二零二四年十一月七日 （星期四）上午十時三十分舉行董事會會議，以商討下列事項： 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 HUA HONG SEMICONDUCTOR LIMITED 華虹半導體有限公司 （於香港註冊成立之有限公司） （股份代號：01347） 葉峻 孫國棟 周利民 熊承艷 獨立非執行董事 張祖同 王桂壎太平紳士 封松林 1. 考慮及批准刊發本公司及其附屬公司就二零二四年七月一日至九月三十日止 三個月期間的第三季度未經審核財務業績；及 2. 商議任何其他事項。 承董事會命 華虹半導體有限公司 董事長兼執行董事 張素心先生 中國上海，二零二四年十月二十四日 於本公告日期，本公司董事分別為： 執行董事 張素心 （董事長） 唐均君 （總裁） 非執行董事 ...

Investment Rating - The report maintains a "Buy" rating for Huahong Semiconductor with a target price of HK$29.00, representing a potential upside of 22% from the current price of HK$23.70 [1][4]. Core Views - The report indicates that Huahong Semiconductor is on a path to recovery in profitability, with expectations of revenue growth driven by a gradual recovery in demand and price increases [1][2]. - The forecast for 3Q24 includes a revenue increase of 9% quarter-on-quarter to US$522 million, with a gross margin of 11.8% [1][2]. - The semiconductor industry is experiencing a slow recovery, particularly in consumer electronics, which is expected to be a key driver for Huahong's performance [1][2]. Summary by Sections Investment Rating - The investment rating is "Buy" with a target price of HK$29.00, reflecting a 1.0x P/B for 2024 [1][4]. Financial Forecasts - Revenue for 2024 is projected at US$2,036 million, with a year-on-year decline of 11% [2]. - Gross profit is expected to be US$220 million, with a gross margin of 11% [2]. - Net profit attributable to shareholders is forecasted at US$122 million, reflecting a 57% decline year-on-year [2]. Quarterly Projections - For 3Q24, revenue is expected to reach US$522 million, with a gross margin of 12% [3]. - The report anticipates a gradual improvement in operating profit, projecting a loss of US$40 million for 3Q24, improving to a loss of US$29 million in 4Q24 [3]. Valuation - The report adjusts the target P/B from 0.8x to 1.0x for 2024, indicating a potential revaluation based on expected recovery in demand and profitability [4][5]. - The estimated book value per share for 2024 is adjusted to US$3.69, supporting the target price of HK$29.00 [5]. Industry Context - The semiconductor industry is facing challenges, including competition in traditional processes and high capital expenditures, which may impact long-term ROE [4][6]. - The report highlights that Huahong's stock has increased by 28% year-to-date, outperforming the Hang Seng Index, yet remains below its book value [1][4].

港股半导体股多数上涨 华虹半导体涨超4% 财联社10月18日电，截至发稿，华虹半导体(01347.HK)涨 4.48%、中芯国际(00981.HK)涨3.46%、 上海复旦(01385.HK)涨1.82%。 消息方面，台积电三季报业绩大幅超出市场预期。 有分析师指出，台积电在季度业绩超过预期后上调2024年收入增长目标，缓解了市场对全球芯片需求和 人工智能硬件繁荣可持续性的担忧，向投资者表明其对芯片的需求依然强劲。 ...

Investment Rating - The report gives a "Recommend" rating for the company, considering its leading position in the domestic wafer foundry industry and the gradual recovery of downstream demand [1][4] Core Views - The company adheres to the "Specialty IC + Power Devices" strategy, focusing on the development of specialty process technologies, serving markets such as consumer electronics, communications, computers, industrial, and automotive [1] - With the gradual recovery of consumer electronics demand, the semiconductor industry cycle is expected to reach an inflection point, and the company's capacity utilization rate has improved significantly [1] - The company's gross margin is expected to continue to recover, driven by price increases and the full production of its Wuxi facility [1] - The domestic wafer foundry market is accelerating, with the localization of wafer manufacturing becoming a priority due to supply chain security concerns [1] - The company is a global leader in specialty process wafer foundry, with a comprehensive coverage of specialty process platforms and a focus on mature nodes [1] Company Overview - The company is a global leader in specialty process wafer foundry, offering a wide range of process platforms including embedded/non-volatile memory, power devices, analog and power management, and logic and RF [1][6] - The company has 3 8-inch and 1 12-inch wafer fabs, with another 12-inch fab under construction, and plans to invest $2 billion annually in equipment from 2024 to 2026 [1] - The company's revenue in H1 2024 was $939 million, a YoY decrease of 25.7%, with a net profit of $38 million, a YoY decrease of 83.3% [1] - The company's capacity utilization rate in Q2 2024 was 97.9%, a QoQ increase of 6.2 percentage points [1] Industry Trends - The global pure-play wafer foundry market has grown significantly, with the Chinese market expanding from RMB 39.1 billion in 2018 to RMB 77.1 billion in 2022, with a CAGR of 8.5% [1] - The proportion of mature process capacity in China is expected to increase from 29% in 2022 to 33% in 2027, driven by policy support and subsidies [1][28] - The power device market is booming, with global market size expected to grow from $17.5 billion in 2020 to $26.2 billion in 2026, with a CAGR of 6.96% [30] - The MCU market in China is growing faster than the global market, with a CAGR of 8.29% from 2015 to 2020, compared to the global CAGR of 5.34% [37] Financial Projections - The company's revenue is expected to be $2.254 billion, $2.556 billion, and $3.098 billion in 2024, 2025, and 2026, respectively, with net profits of $102 million, $195 million, and $302 million [1][2] - The corresponding PE ratios are 52x, 27x, and 17x, and PB ratios are 0.8x, 0.8x, and 0.8x for 2024, 2025, and 2026, respectively [1][2] Strategic Focus - The company is focusing on mature nodes, with its 8-inch fabs covering nodes from 0.35µm to 90nm, and its 12-inch fabs covering nodes from 90nm to 55nm [1][50] - The company is expanding its 12-inch capacity, with the Wuxi fab expected to reach full production capacity of 94,500 wafers per month by the end of 2023 [19] - The company is also building a new 12-inch fab, which is expected to start production by the end of 2024, with a planned capacity of 83,000 wafers per month [19] Competitive Advantages - The company has a comprehensive coverage of specialty process platforms, including embedded/non-volatile memory, power devices, analog and power management, and logic and RF [1][6] - The company has a strong R&D capability, with 1,285 R&D personnel, accounting for 18.72% of the total workforce, and has accumulated 8,969 patents [23] - The company has a stable customer base, with 92.3% of its revenue coming from system companies and fabless design companies in 2023 [8]