格隆汇8月18日丨华虹半导体(01347.HK)公布，公司谨订于2025年8月28日(星期四)上午十时举行董事会 会议，以商讨下列事项：1.考虑及批准刊发公司及其附属公司截至2025年6月30日止未经审核中期业 绩；及2.商议任何其他事项。 ...

Market Overview - The Hong Kong stock market experienced a pullback after an initial rise, with the Hang Seng Index closing down 0.37% at 25,176.85 points and a total turnover of HKD 312.78 billion [1] - The market is currently in a phase of volatility with a lack of clear trading themes, as significant domestic and international events are awaited [1] Blue-Chip Stocks Performance - JD Health (06618) led the blue-chip stocks with an increase of 8.41%, closing at HKD 66.4, contributing 9.14 points to the Hang Seng Index [2] - Other notable performers included Alibaba Health (00241) up 3.56% and ZTO Express (02057) up 3.14%, while Kang Shifu Holdings (00322) and China Shenhua (01088) saw declines of 3.23% and 2.65% respectively [2] Sector Highlights - The film and entertainment sector showed strong performance, with companies like Lingmeng Film (09857) and Yuewen Group (00772) rising 21.33% and 15.34% respectively [3][4] - The brokerage sector continued its upward trend, with notable gains from CITIC Securities (06030) and Guotai Junan (01456) [4] Pharmaceutical Sector - The pharmaceutical sector saw a resurgence, with companies like Zhonghui Biopharma (02627) and Junshi Biosciences (01877) increasing by 13.4% and 13.25% respectively [5] - Upcoming academic conferences such as WCLC and ESMO are expected to catalyze interest in Chinese innovative drugs, with several companies set to present significant clinical trial results [6] Notable Stock Movements - Yasheng Life Services (03319) reported a profit warning, leading to a 13.06% increase in its stock price [7] - Great Wall Motors (02333) saw a strong performance with a 10.21% rise following the pre-sale of its new model [8] - Xtep International (01368) and ZTE Corporation (00763) also experienced significant gains of 7.33% and 7.22% respectively [9][10] - Conversely, Hua Hong Semiconductor (01347) faced a decline of 6.2% due to news of a planned acquisition [11] and Standard Chartered Group (02888) dropped 5.29% amid allegations of illegal payments [12]

Market Overview - The Hong Kong stock market experienced a pullback after an initial rise, with the Hang Seng Index closing down 0.37% at 25,176.85 points and a total trading volume of HKD 312.78 billion [1] - The market is currently in a phase of volatility with a lack of clear trading themes, as significant domestic and international events are awaited [1] Blue-Chip Stocks Performance - JD Health (06618) led the blue-chip stocks, rising 8.41% to HKD 66.4, contributing 9.14 points to the Hang Seng Index [2] - Other notable performers included Alibaba Health (00241) up 3.56%, and ZTO Express (02057) up 3.14%, while China Shenhua (01088) and Master Kong (00322) saw declines [2] Sector Highlights - The technology sector showed mixed results, with Tencent down 0.84% and Alibaba up 0.42% [3] - The film and entertainment sector saw strong gains, with companies like Lingmeng Media (09857) and Reading Group (00772) rising significantly [3][4] - The brokerage sector continued its upward trend, with notable increases in shares of CITIC Securities (06030) and Guotai Junan (01456) [4] Pharmaceutical Sector - Several pharmaceutical stocks rose, driven by upcoming academic conferences such as WCLC and ESMO, which are expected to reveal new data [5][6] - Notable gainers included Zhonghui Biotech (02627) and Junshi Biosciences (01877), both seeing significant increases in their stock prices [5] Noteworthy Stock Movements - Yasheng Services (03319) announced a profit warning, leading to a 13.06% increase in its stock price [7] - Great Wall Motors (02333) saw a strong performance with a 10.21% rise following the pre-sale of its new model [8] - Xtep International (01368) reported a 7.33% increase after announcing its mid-year results [9] - ZTE Corporation (00763) rose 7.22% amid growing demand for AI data centers [10] - Hua Hong Semiconductor (01347) fell 6.2% due to news of a planned acquisition [11] - Standard Chartered (02888) faced a decline of 5.29% following allegations of illegal payments [12]

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 唐均君（ 董事會主席 ） 白鵬（ 總裁 ） 非執行董事 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，本公司謹訂於二零二五年八月二十八 日（星期四）上午十時舉行董事會會議，以商討下列事項： 承董事會命 華虹半導體有限公司 董事會主席兼執行董事 唐均君先生 中國上海，二零二五年八月十八日 於本公告日期，本公司董事分別為： 執行董事 （於香港註冊成立之有限公司） （股份代號：01347） 葉峻 孫國棟 陳博 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截至二零二五年六月三十日止未經審核 中期業績；及 2. 商議任何其他事項。 ...

Core Viewpoint - Huahong Semiconductor plans to acquire controlling stake in Shanghai Huahong Microelectronics to resolve industry competition issues related to its IPO commitments, while also raising funds through share issuance and cash payment [1][3]. Group 1: Acquisition Details - The acquisition targets assets related to the 65/55nm and 40nm processes, which are in direct competition with Huahong's existing operations [1][2]. - The transaction is classified as a related party transaction but will not change the actual controller of the company and does not constitute a restructuring [1][3]. - The acquisition is currently in the planning stage, with initial discussions involving several investment funds and companies [2]. Group 2: Market Reaction - Following the announcement, Huahong's stock price on the Hong Kong market fell by over 9%, despite a previous increase of 16.6% in the week prior [1]. - Some investors expressed concerns that the acquisition involves mature process assets rather than advanced ones, leading to a perception that the deal is below expectations [1]. Group 3: Industry Context - The acquisition is part of Huahong's commitment made during its IPO to eliminate competition with Huahong Microelectronics, which operates similar process nodes [3][4]. - Huahong's manufacturing capabilities include the first fully automated 12-inch IC production line in mainland China, with a monthly capacity of 38,000 wafers [3]. - The company aims to enhance its 12-inch production capacity to meet the growing demand in the semiconductor market, with a focus on specialty processes [6][7]. Group 4: Future Prospects - The acquisition is expected to address capacity shortfalls and improve profitability through synergies [7]. - Huahong's revenue from 12-inch wafers has been increasing, with a significant rise in revenue contribution from this segment in the second quarter of 2025 [6].

Core Viewpoint - Huahong Semiconductor Co., Ltd. is planning to acquire controlling stakes in Shanghai Huahong Microelectronics Co., Ltd. to resolve competition issues related to its IPO commitments [1] Group 1 - The acquisition will involve issuing shares and cash payments to purchase the equity corresponding to the assets of Huahong Micro that are in competition with Huahong Semiconductor in the 65/55nm and 40nm segments [1] - The targeted assets are currently in the process of being separated [1] - To prevent significant impacts on the company's stock price, Huahong Semiconductor has applied for a trading suspension, effective from August 18, with an expected duration of no more than 10 trading days [1]

M&A Activity Overview - From August 11 to August 17, there were a total of 101 M&A events involving listed companies, with 35 classified as significant M&A transactions[9] - Among these, 17 M&A transactions were completed, including 1 significant transaction by Anyuan Coal Industry, valued at 36,869.86 million CNY[14] Policy Updates - On August 14, Hainan Province announced policies to support the pharmaceutical industry, including a 50% interest subsidy on bank loans for companies involved in M&A within the province, with a maximum subsidy of 5 million CNY[7] - The Henan Provincial Government is promoting M&A and refinancing to enhance the competitiveness of listed companies[7] Major M&A Transactions - Significant M&A transactions include: - Anfu Technology acquiring 31% of Anfu Energy, valued at 115,198.71 million CNY[14] - Wuxin Tunnel Equipment acquiring 100% of Wuxin Heavy Industry and Xinzhong Technology, valued at 265,031.44 million CNY[14] - Huahong Company planning to acquire Huali Microcontrol's equity, currently under suspension[14] M&A Failures - There was 1 reported failure in M&A activity, involving Xincheng Technology's attempt to acquire Tianyi Enhua, which was terminated due to a lack of agreement on core transaction terms[18] Control Changes - Five listed companies reported changes in actual control, including Jiangte Electric and Mengjie Co., with the latter having no disclosed actual controller post-change[20] Market Performance - The restructuring index underperformed the Wind All A index by 0.80% during the period from August 11 to August 17[24]

半导体晶圆代工巨头华虹公司（688347.SH，股价78.5元/股，市值1357.64亿元）迎来大动作。8月17日 晚间，华虹公司公告拟收购华虹五厂，公司自8月18日开市起停牌。 证券简称:毕虹公司 证券代码:688347 公告编号:2025-019 港股简称:毕虹半导体 港股代码:01347 华虹半导体有限公司 关于筹划发行股份及支付现金购买资产并募集配套资 金暨关联交易事项的停牌公告 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、准确性和完整性承担法律责任。 重要内容提示: ● 证券停复牌情况:适用 因筹划发行股份及支付现金购买资产并募集配套资金暨关联交易事项,本公司的, 相关证券停复牌情况如下: | | | 一、停牌事由和工作安排 为解决IPO 承诺的同业竞争事项,华虹半导体有限公司(以下简称"公司") 正在筹划以发行股份及支付现金的方式购买上海华力微电子有限公司(以下简称 "华力微")控股权,同时配套募集资金(以下简称"本次交易")。 根据《上市公司重大资产重组管理办法》和《上海证券交易所科创板股票上 市规则》等相关法规,本次交易预计不构成重大资 ...

Group 1 - The core point of the news is that Huahong Company is planning to acquire a controlling stake in Shanghai Huahong Microelectronics to resolve industry competition issues, which is part of a commitment made during its IPO on the Sci-Tech Innovation Board [1][2] - The acquisition targets assets related to the 65/55nm and 40nm processes where Huahong and Huahong Microelectronics have overlapping business operations, specifically the equity corresponding to Huahong's fifth factory [2] - The acquisition is expected to significantly enhance Huahong's 12-inch wafer foundry capacity, as Huahong primarily focuses on specialty processes with 8-inch production lines, while Huahong Microelectronics is positioned in advanced logic processes with 12-inch production lines [2] Group 2 - According to the latest performance report, Huahong achieved sales revenue of $566 million in Q2 2025, representing an 18.3% year-on-year increase and a 4.6% quarter-on-quarter increase, with a gross margin of 10.9% [3] - The company reported a profit attributable to shareholders of $8 million, up 19.2% year-on-year, and expects Q3 2025 sales revenue to be between $620 million and $640 million [3] - Huahong's capacity utilization rate reached a new high of 108.3% in Q2 2025, an increase from 102.7% in Q1 2025 and 97.9% in Q2 2024 [3]

Group 1 - The core point of the article highlights the recent stock performance of Huahong Semiconductor, which saw a decline of 4.99% to 48.74 CNY per share, with a trading volume of 4.494 billion CNY [1] - Huahong Semiconductor is recognized as a leading specialty foundry company, focusing on innovative processes for embedded/non-volatile memory, power devices, analog and power management, and logic and RF technologies [1] - The company operates three 8-inch wafer fabs in Shanghai and Zhangjiang, and one 12-inch fab in Wuxi, with a monthly production capacity of approximately 180,000 and 75,000 wafers respectively [1] Group 2 - As of the mid-year report in 2025, Huahong Semiconductor reported total revenue of 7.925 billion CNY and a net profit of 83.7699 million CNY [1] - The company's products are widely used in emerging fields such as electric vehicles, green energy, and the Internet of Things [1] - Huahong Semiconductor offers customizable process options across various technology nodes ranging from 1.0 micron to 65/55 nanometers [1]