华虹收购“竞争者”华力微

Core Viewpoint - Huahong Company announced a significant acquisition plan to purchase 97.4988% of Huali Micro's shares, marking an expansion in the semiconductor foundry sector [1][2]. Group 1: Acquisition Details - The acquisition involves issuing shares and cash payments to four parties, including Huahong Group and Shanghai Integrated Circuit Fund [1]. - The final transaction price for the assets has not yet been determined, but trading of Huahong's shares will resume on September 1, 2025 [1]. - Following the completion of the transaction, Huali Micro will become a subsidiary of Huahong, reinforcing Huahong's leading position in the semiconductor foundry industry [1]. Group 2: Financial Performance - In the first half of the year, Huahong achieved a revenue of 8.018 billion yuan and a net profit of 74.3154 million yuan [1]. - Huali Micro reported revenues of 4.988 billion yuan for 2024 and 2.466 billion yuan for the first half of 2025, with net profits of 530 million yuan and 344 million yuan respectively [2]. Group 3: Strategic Implications - The acquisition will enhance Huahong's 12-inch wafer foundry capacity by adding 38,000 pieces per month in the 65/55nm and 40nm nodes [2]. - The deal aims to resolve competition issues between Huahong and Huali Micro in the 65/55nm and 40nm process foundry technologies [2]. - Huahong plans to raise funds by issuing shares to no more than 35 qualified investors to improve liquidity, repay debts, and support project construction [2]. Group 4: Market Context - The acquisition is seen as a strategic move to strengthen Huahong's capabilities in the face of uncertainties in the global semiconductor market and increasing competition [3]. - Analysts believe this acquisition will not only enhance Huahong's production and technical strength but also adjust the global semiconductor market landscape, potentially improving Huahong's competitive position in the foundry sector [3].