Zheng Quan Zhi Xing·2025-08-31 10:13Core Viewpoint - The company, Huahong Semiconductor, plans to acquire a 97.4988% stake in Huahong Microelectronics through a combination of issuing shares and cash payments, along with raising supporting funds [1][2]. Group 1: Transaction Details - The transaction involves purchasing shares from four shareholders of Huahong Microelectronics, including Shanghai Huahong Group and various investment funds [1]. - The board of directors approved the proposal for the transaction on August 29, 2025, but the company has decided not to hold a shareholders' meeting for the time being due to incomplete auditing and evaluation work [2]. Group 2: Future Actions - Once the relevant auditing and evaluation work is completed, the board will reconvene to review the transaction and will follow legal procedures to convene a shareholders' meeting for related matters [2].