Di Yi Cai Jing·2025-09-01 01:57Core Viewpoint - Huahong Company experienced a significant stock price increase, with a peak rise of over 18% and a trading volume of 3.16 billion yuan following the announcement of a major acquisition plan [1][2]. Group 1: Acquisition Announcement - On August 31, Huahong Company announced a plan to acquire 97.4988% of Shanghai Huali Microelectronics Co., Ltd. from its controlling shareholder, Huahong Group, through a combination of issuing shares and cash [2][3]. - The company plans to raise supporting funds by issuing shares to no more than 35 qualified investors [2]. - The total asset value of the target company is estimated at 7.58 billion yuan as of June 2025 [2]. Group 2: Strategic Benefits - The acquisition is expected to enhance the asset quality and profitability of Huahong Company, benefiting minority shareholders [3]. - Both Huahong Company and Huali Microelectronics possess complementary manufacturing processes, which will improve the company's 12-inch wafer foundry capacity and provide a wider range of technical solutions [3]. - The integration of R&D resources and core technology sharing is anticipated to lead to improvements in process optimization, yield enhancement, and innovation in device structures, thereby strengthening the company's competitive edge [3].