Hwatsing Technology (SH:688120) Xin Lang Cai Jing·2025-09-01 13:26Group 1 - Huahai Qingke, a high-end semiconductor equipment supplier under Sichuan Energy Development Group, plans to issue H-shares and list on the Hong Kong Stock Exchange, potentially becoming the first company under the group to achieve dual listing in A+H [1][2] - The company specializes in the upstream key industrial chain of integrated circuit manufacturing, offering products such as CMP equipment, thinning equipment, cutting equipment, edge polishing equipment, ion implantation equipment, wet equipment, wafer regeneration, key consumables, and maintenance services [1] - In the first half of this year, Huahai Qingke achieved revenue of 1.95 billion yuan, a year-on-year increase of 30.28%, and a net profit of 505 million yuan, a year-on-year increase of 16.82% [1] Group 2 - The H-share listing aims to accelerate the company's international strategy and overseas business layout, attract international R&D and management talent, enhance competitiveness and brand image, optimize capital structure, and improve overseas financing capabilities [2] - This move reflects Sichuan Energy Development Group's efforts to promote industrial internationalization and support its subsidiaries in expanding global markets [2] - Since its establishment in February 2023, Sichuan Energy Development Group has focused on strengthening comprehensive energy and developing advanced manufacturing, high-end chemicals, and healthcare industries, with Huahai Qingke being a key enterprise in the advanced manufacturing sector [2]