Core Viewpoint - Huahong Company plans to acquire the controlling stake of Shanghai Huahong Microelectronics to resolve competition issues related to its IPO commitments, leading to a stock suspension starting August 18 [2][3] Group 1: Transaction Details - The transaction involves the acquisition of assets related to the 65/55nm and 40nm processes, which are currently in the process of separation [3] - The transaction is expected to be an associated transaction but does not constitute a major asset restructuring or a restructuring listing [2] - The preliminary identified transaction parties include Shanghai Huahong (Group) Co., Ltd., Shanghai Integrated Circuit Industry Investment Fund Co., Ltd., and others [3] Group 2: Business Operations - Huahong Company specializes in customizable semiconductor wafer foundry services based on various process nodes and different technology platforms [4] - The company reported a sales revenue of $541 million in Q1 2025, representing a year-on-year increase of 17.6% [4] - In Q2 2025, the sales revenue reached $566 million, showing a year-on-year growth of 18.3% and a quarter-on-quarter increase of 4.6% [4] - The company anticipates Q3 sales revenue to be approximately between $620 million and $640 million [4]
华虹公司拟收购华力微控股权公司股票今日起停牌