688347，一度大涨超18%

Core Viewpoint - Huahong Company experienced a significant stock price increase, opening up over 18% on September 1, with a trading volume of 3.16 billion yuan and a turnover rate of 8.89% [2] Group 1: Company Announcement - On August 31, Huahong Company announced a plan to acquire 97.4988% equity of Shanghai Huahong Microelectronics (Huahong Micro) from its controlling shareholder and three other parties through a combination of issuing shares and cash [3][4] - The total asset value of the target company is estimated at 7.58 billion yuan as of June 2025 [3] Group 2: Strategic Benefits - The transaction is expected to enhance the asset quality and profitability of Huahong Company, benefiting minority shareholders [4] - Both Huahong Company and Huahong Micro possess complementary manufacturing processes, which will improve the 12-inch wafer foundry capacity and provide a wider range of technical solutions for customers [4] - The integration of R&D resources and core technology sharing is anticipated to foster innovation and strengthen competitive advantages in logic and specialty processes [4]