Zheng Quan Zhi Xing·2025-08-24 16:13Group 1 - The core point of the announcement is that Huahong Semiconductor is planning to acquire a controlling stake in Shanghai Huali Microelectronics to resolve competition issues related to its IPO commitments [1][2] - The acquisition involves the purchase of equity corresponding to the assets of Huahong's fifth factory, which competes in the 65/55nm and 40nm segments [1] - The transaction is expected to be classified as a related party transaction but will not result in a change of the company's actual controller or constitute a restructuring listing [1] Group 2 - The company's stock will be suspended from trading starting August 18, 2025, for a period not exceeding 10 trading days due to the uncertainties surrounding the transaction [2] - As of the announcement date, the transaction is still in the planning stage, and no formal agreements have been signed yet [2] - The transaction requires approval from the company's board, shareholders, and regulatory authorities before it can be officially implemented [2]