Willsemi(SH:603501) Sou Hu Cai Jing·2025-05-23 10:52Core Viewpoint - Shanghai Weir Semiconductor Co., Ltd. plans to issue H-shares and list on the Hong Kong Stock Exchange to accelerate its international strategy and enhance overseas financing capabilities [1][3]. Group 1: Company Strategy - The company aims to enhance its comprehensive competitiveness and align with its overall development strategy by issuing H-shares [3]. - The board and supervisory board have approved the proposal for the H-share issuance [3]. - The company will consider the interests of existing shareholders and market conditions when selecting the timing for the issuance [3]. Group 2: Name Change - The company announced a name change from "Shanghai Weir Semiconductor Co., Ltd." to "Hawkeye Integrated Circuit (Group) Co., Ltd." along with a change in stock abbreviation [3][4]. - The name change is intended to reflect the company's strategic direction and enhance brand influence following the acquisition of a leading image sensor chip design company in 2019 [3][4]. Group 3: Financial Performance - In 2024, the company's image sensor solution business is expected to generate revenue of 19.19 billion yuan, accounting for 74.76% of its main business revenue [3]. - As of May 23, the company's stock price closed at 130.19 yuan per share, with a market capitalization of approximately 158.4 billion yuan [5].