SHANGHAI I9F, ONE LUJIAZUI 68 Yin Chena Road Middle hanahai 200120 DD China +86 71 3135 8666 上海 SHANGHAI 北京 BEIJING 深圳 SHENZHEN 香港 HONG KONG 伦敦 LONDON 上海市通力律师事务所关于华虹半导体有限公司 2025 年股东周年大会的法律意见书 致:华虹半导体有限公司 上海市通力律师事务所(以下简称"本所")接受华虹半导体有限公司(以下简称 "公司"）的委托,指派本所郭璋师、王旭峰律师(以下简称"本所律师")根据《中 华人民共和国证券法》《上市公司股东会规则》(以下合称"有关法律法规")及《华 虹半导体有限公司之组织章程细则》(以下简称"公司章程")的规定就公司 2025 年 股东周年大会(以下简称"本次股东大会"）相关事宜出具法律意见。 本所律师已经对公司提供的与本次股东大会有关的法律文件及其他文件、资料予以 了核查、验证。在进行核查验证过程中,公司已向本所保证,公司提供予本所之文件中 的所有签署、盖章及印章都是真实的,所有作为正本提交给本所的文件都是真实、准确、 完整和 ...

華 虹 半 導 體 有 限 公 司 (Incorporated in Hong Kong with limited liability) Incorporated on the 21st day of January 2005 ARTICLES OF ASSOCIATION OF HUA HONG SEMICONDUCTOR LIMITED (As adopted by Special Resolution passed on 20 September 2014, and amended by (i) Special Resolution passed on 27 June 2022 which took effect on the date when the Company's shares are listed on the STAR Market of the Shanghai Stock Exchange and (ii) Special Resolution passed on 8 May 2025) 1 THE COMPANIES ORDINANCE (CHAPTER 622) Public Co ...

HUA HONG SEMICONDUCTOR LIMITED 华虹半导体有限公司 （于香港注册成立之有限公司） 之 组织章程细则 于二零零五年一月二十一日注册成立 （经于二零一四年九月二十日通过之特别决议案采纳、经于二零二二年六月二十七日通 过之特別决议案修订，自公司股票于上海证券交易所科创板上市之日起生效及于二零二 五年五月八日通过之特別决议案修订） 1 1 公司条例 「联系人」指就任何董事而言，具有上市规则所赋予之涵义； （第 622 章） 公众股份有限公司 HUA HONG SEMICONDUCTOR LIMITED 华虹半导体有限公司 之 组织章程细则 （经于二零一四年九月二十日通过之特别决议案采纳、经于二零二二年六月二十七日通 过之特別决议案修订，自公司股票于上海证券交易所科创板上市之日起生效及于二零二 五年五月八日通过之特別决议案修订） 序言 1. （a）于本章程细则中，下列词语须具有以下涵义： 「章程细则」及「本章程细则」指现有形式的本公司章程细则或当时有效的 所有增补、修订或取代的章程细则； 「联系公司」指具有公司条例第二条所赋予之涵义； 「核数师」指本公司当时核数师； 「营业日」指香港认可证 ...

Group 1 - Core viewpoint: The performance of major domestic foundries, SMIC and Hua Hong, shows contrasting trends in Q1 2025, with SMIC experiencing significant growth while Hua Hong faces a sharp decline in net profit [1][2] - SMIC reported Q1 2025 revenue of 16.301 billion, a year-on-year increase of 29.4%, and a net profit of 1.356 billion, up 166.5% [1] - SMIC's EBITDA for Q1 2025 was 9.245 billion, reflecting a growth of 46.9% year-on-year, with a capacity utilization rate of 89.6%, up from 80.8% in the same period last year [1] Group 2 - Hua Hong's Q1 2025 revenue was 3.913 billion, an increase of 18.66%, but its net profit fell to 22.763 million, a decrease of 89.73% [1] - Hua Hong's gross margin for Q1 2025 was 9.2%, significantly lower than SMIC's gross margin of 22.5% [1] - Hua Hong's president stated that the company is seeing steady revenue growth and optimizing its product structure, with capacity utilization remaining full [2]

香港交易及结算所有限公司、香港联合交易所有限公司及香港中央结算有限公司对本公告的内容概不负责，对其准 确性或完整性亦不发表任何声明，并明确表示，概不就因本公告全部或任何部分内容而产生或因依赖该等内容而引 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 （于香港注册成立之有限公司） （股份代号：01347） 新闻稿 二零二五年第一季度业绩公布 所有货币以美元列帐，除非特别指明。 本合并财务报告系依香港财务报告准则编制。 中国香港 — 2025 年 5 月 8 日 — 全球领先的特色工艺纯晶圆代工厂华虹半导体有限公司（香港联交所 股票代号：01347；上交所科创板证券代码：688347) ("本公司")于今日公布截至二零二五年三月三十一 日止三个月的综合经营业绩。 二零二五年第一季度主要财务指标（未经审核） 二零二五年第二季度指引 1 销售收入 5.409 亿美元，同比增长 17.6%，环比增长 0.3%。 毛利率 9.2%，同比上升 2.8 个百分点，环比下降 2.2 个百分点。 母公司拥有人应占溢利 380 万美元，上年同期为母公司 ...

Financial Performance - In Q1 2025, Hua Hong Semiconductor reported sales revenue of $541 million, with a gross margin of 9.2%, consistent with guidance[5]. - Year-on-year revenue increased by 18.66% to approximately ¥3.91 billion, while net profit attributable to shareholders decreased by 89.73% to ¥22.76 million[7]. - The company expects Q2 2025 revenue to be between $550 million and $570 million, with a gross margin of 7% to 9%[6]. - Total operating revenue for Q1 2025 reached ¥3,912,539,839.26, an increase of 18.6% compared to ¥3,297,290,706.10 in Q1 2024[22]. - Total operating costs for Q1 2025 were ¥4,091,413,303.52, up 19.6% from ¥3,421,518,255.02 in Q1 2024[22]. - Net loss for Q1 2025 was ¥378,407,855.01, compared to a net loss of ¥183,598,290.08 in Q1 2024, indicating a significant increase in losses[23]. - The company recorded a comprehensive loss of ¥383,269,121.78 for Q1 2025, compared to a comprehensive loss of ¥172,727,803.40 in Q1 2024[23]. - Basic and diluted earnings per share for Q1 2025 were both ¥0.01, down from ¥0.13 in Q1 2024[23]. Research and Development - R&D investment totaled ¥477 million, representing 12.19% of revenue, an increase of 1.64 percentage points compared to the previous year[7]. - Research and development expenses rose to ¥476,678,653.06 in Q1 2025, up 38.1% from ¥345,066,946.58 in Q1 2024[22]. - The company plans to accelerate effective capacity expansion and enhance R&D capabilities in response to market uncertainties[5]. Cash Flow and Investments - The cash flow from operating activities decreased by 18.57% to ¥361 million compared to the same period last year[7]. - In Q1 2025, the cash inflow from operating activities was CNY 4,248,064,923.56, an increase of 14.85% compared to CNY 3,699,864,220.09 in Q1 2024[25]. - The net cash flow from operating activities decreased to CNY 361,199,684.00 in Q1 2025 from CNY 443,549,494.96 in Q1 2024, representing a decline of 18.56%[25]. - The cash outflow for investing activities was CNY 3,664,238,868.66 in Q1 2025, up from CNY 2,282,467,996.60 in Q1 2024, indicating a significant increase of 60.58%[26]. - The net cash flow from investing activities was negative at CNY -3,545,424,314.19 in Q1 2025, compared to CNY -2,281,904,301.60 in Q1 2024[26]. - Cash inflow from financing activities totaled CNY 6,274,192,865.02 in Q1 2025, compared to CNY 5,630,584,975.53 in Q1 2024, marking an increase of 11.45%[26]. - The net cash flow from financing activities decreased significantly to CNY 424,505,323.03 in Q1 2025 from CNY 5,609,718,603.99 in Q1 2024, a drop of 92.43%[26]. - The ending cash and cash equivalents balance was CNY 29,286,591,307.43 at the end of Q1 2025, down from CNY 43,336,164,205.65 at the end of Q1 2024, a decrease of 32.4%[26]. - The company received CNY 118,760,569.47 in investment income in Q1 2025, while there was no such income reported in Q1 2024[25]. - The cash outflow for employee compensation was CNY 960,759,545.89 in Q1 2025, an increase from CNY 876,079,458.32 in Q1 2024, reflecting a rise of 9.63%[25]. - The cash inflow from sales of goods and services was CNY 4,230,680,165.91 in Q1 2025, compared to CNY 3,471,401,563.01 in Q1 2024, representing an increase of 21.9%[25]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥86.89 billion, a decrease of 1.19% from the previous year[7]. - As of March 31, 2025, the total current assets amounted to ¥39,593,169,875.67, a decrease from ¥41,926,361,510.10 as of December 31, 2024, reflecting a decline of approximately 5.56%[18]. - The company's cash and cash equivalents decreased to ¥29,720,961,129.09 from ¥32,494,785,434.49, representing a decline of about 8.67%[18]. - Accounts receivable increased to ¥1,740,111,204.01 from ¥1,661,798,449.47, showing a growth of approximately 4.73%[18]. - Total non-current assets rose to ¥47,295,864,738.11 from ¥46,008,869,965.47, indicating an increase of about 2.79%[19]. - The total assets of the company decreased to ¥86,889,034,613.78 from ¥87,935,231,475.57, reflecting a decline of approximately 1.19%[19]. - Accounts payable decreased to ¥1,905,536,431.47 from ¥2,191,483,910.32, a reduction of about 13.06%[19]. - The company's total liabilities decreased to ¥39,198,000,000.00, down from ¥40,000,000,000.00, indicating a decrease of approximately 2.01%[19]. - The company reported a total liability of ¥24,449,829,677.04 as of the latest reporting period, a decrease of 3.0% from ¥25,214,682,518.85[20]. - Total equity attributable to shareholders increased slightly to ¥43,722,159,439.38 from ¥43,602,332,245.07, reflecting a growth of 0.3%[20]. - The company’s long-term borrowings stood at ¥13,986,068,821.97, an increase from ¥13,781,850,630.90 in the previous year[20]. - The total assets amounted to ¥86,889,034,613.78, a decrease from ¥87,935,231,475.57, indicating a reduction in asset base[20]. Shareholder Activity - Hua Hong Semiconductor's indirect controlling shareholder increased its stake by acquiring 1,198,517 A-shares[13]. - The company has not reported any significant changes in shareholder structure or participation in margin trading activities during the reporting period[17].

Core Viewpoint - Hua Hong's first-quarter net profit fell short of expectations, indicating potential challenges in financial performance [1] Financial Performance - The company's first-quarter net profit was $3.75 million, significantly below the forecast of $25 million [1] - First-quarter revenue reached $540.9 million, slightly below the expected $547.6 million [1] - Capital expenditures for the first quarter amounted to $510.9 million, also falling short of the anticipated $574 million [1]

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: | 2025年4月30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: | 2025年5月7日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 第 1 頁 共 10 頁 v 1.1.1 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 | | | 1,317,904,069 | 0 | | 1,317,904,069 | | 增加 / 減少 (-) | | | 481, ...

内部控制审计报告 安永华明（2025）专字第70013197_B03号 华虹半导体有限公司 华虹半导体有限公司全体股东： 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求，我们审 计了华虹半导体有限公司2024年12月31日的财务报告内部控制的有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》、《企业内部控制应用指引》、《企业内部控制评价 指引》的规定，建立健全和有效实施内部控制，并评价其有效性是企业董事会的责任。 二、注册会计师的责任 我们的责任是在实施审计工作的基础上，对财务报告内部控制的有效性发表审计 意见，并对注意到的非财务报告内部控制的重大缺陷进行披露。 三、内部控制的固有局限性 内部控制具有固有局限性，存在不能防止和发现错报的可能性。此外，由于情况 的变化可能导致内部控制变得不恰当，或对控制政策和程序遵循的程度降低，根据内 部控制审计结果推测未来内部控制的有效性具有一定风险。 四、财务报告内部控制审计意见 我们认为，华虹半导体有限公司按照《企业内部控制基本规范》和相关规定在所 有重大方面保持了有效的财务报告内部控制。 A member firm of Ernst & Y ...

华虹半导体有限公司全体股东： 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以下简称企业内部 控制规范体系），结合本公司（以下简称公司）内部控制制度和评价办法，在内部控制日常监督和专项 监督的基础上，我们对公司2024年12月31日（内部控制评价报告基准日）的内部控制有效性进行了评价。 一. 重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性，并如实披露内 部控制评价报告是公司董事会的责任。经理层负责组织领导企业内部控制的日常运行。公司董事会及董 事、高级管理人员保证本报告内容不存在任何虚假记载、误导性陈述或重大遗漏，并对报告内容的真实 性、准确性和完整性承担个别及连带法律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信息真实完整，提 高经营效率和效果，促进实现发展战略。由于内部控制存在的固有局限性，故仅能为实现上述目标提供 合理保证。此外，由于情况的变化可能导致内部控制变得不恰当，或对控制政策和程序遵循的程度降低， 根据内部控制评价结果推测未来内部控制的有效性具有一定的风险。 二. 内部控制评价结论 公司代码：68834 ...