Core Viewpoint - Huahong Company plans to acquire the controlling stake of Shanghai Huahong Microelectronics Co., Ltd. to resolve competition issues related to its IPO commitments, while the transaction is classified as a related party transaction and not a major asset restructuring [1][2]. Group 1: Transaction Details - The transaction involves acquiring assets related to the 65/55nm and 40nm processes, which are currently in the process of being separated [2]. - The preliminary identified transaction parties include Shanghai Huahong (Group) Co., Ltd., Shanghai Integrated Circuit Industry Investment Fund Co., Ltd., National Integrated Circuit Industry Investment Fund Phase II Co., Ltd., and Shanghai Guotou Xian Dao Integrated Circuit Private Investment Fund Partnership (Limited Partnership) [2]. Group 2: Company Performance - In Q1 2025, Huahong Company reported sales revenue of $541 million, a year-on-year increase of 17.6% [2]. - In Q2 2025, the company achieved sales revenue of $566 million, reflecting a year-on-year growth of 18.3% and a quarter-on-quarter increase of 4.6% [2]. - The company anticipates Q3 sales revenue to be between $620 million and $640 million [2].

Core Viewpoint - Huahong Semiconductor Co., Ltd. is planning to acquire the controlling stake of Shanghai Huali Microelectronics Co., Ltd. to resolve the competition issues arising from its IPO commitments, through a combination of issuing shares and cash payment [2][6]. Group 1: Transaction Details - The target assets for this acquisition are the equity corresponding to the competitive assets in 65/55nm and 40nm processes operated by Shanghai Huali Microelectronics, specifically related to Huahong's fifth factory [2][7]. - The acquisition is currently in the planning stage, and the company is in discussions with potential transaction parties, including Shanghai Huahong (Group) Co., Ltd., Shanghai Integrated Circuit Industry Investment Fund Co., Ltd., and others [2][8]. - The transaction will not constitute a major asset restructuring and is classified as a related party transaction, which will not lead to a change in the actual controller of the company [6][7]. Group 2: Stock Suspension - The company's stock will be suspended from trading starting August 18, 2025, for a period not exceeding 10 trading days to ensure fair information disclosure and protect investor interests [6][9]. - During the suspension, the company will fulfill its information disclosure obligations according to relevant laws and regulations, and will announce the resumption of trading once the matters are confirmed [6][9]. Group 3: Financial Performance - As of August 15, the company's stock closed at 78.50 yuan per share, with a total market capitalization of 937 billion yuan, reflecting a year-to-date increase of 68.93% [13].

8月17日，华虹公司（688347.SH）披露公告称，正在筹划发行股份及支付现金购买资产并募集配套资金暨关联交易事项，公司股票自2025年8月 18日（星期一）开市起开始停牌，预计停牌时间不超过10个交易日。 | | | 华虹启动收购华力微控股权 华虹公司公告称，为解决IPO承诺的同业竞争事项，华虹公司正在筹划以发行股份及支付现金的方式购买上海华力微电子有限公司（以下简称"华 力微"）控股权，同时配套募集资金。根据相关法规，本次交易预计不构成重大资产重组；本次交易构成关联交易，但不会导致公司实际控制人发 生变更，不构成重组上市。 本次收购标的资产为华力微所运营的与华虹公司在65/55nm和40nm存在同业竞争的资产（华虹五厂）所对应的股权。目前，该标的资产正处于分 立阶段。 公告称，本次交易事项尚处于筹划阶段，公司目前正与交易意向方接洽，初步确定的交易对方为上海华虹（集团）有限公司、上海集成电路产业 投资基金股份有限公司、国家集成电路产业投资基金二期股份有限公司、上海国投先导集成电路私募投资基金合伙企业（有限合伙），最终交易 对方以重组预案或重组报告书披露的信息为准。 华虹公司此次交易的目的，是为了解决IPO ...

Core Viewpoint - Huahong Company is planning to acquire a controlling stake in Shanghai Huali Microelectronics to resolve competition issues related to its IPO commitments, with the transaction expected to be structured through a combination of share issuance and cash payment [1] Group 1: Acquisition Details - The acquisition involves assets that are in direct competition with Huahong's operations in the 65/55nm and 40nm segments, specifically related to Huahong's fifth factory [1] - The transaction is classified as a related party transaction but will not result in a change of the company's actual controller or constitute a restructuring listing [1] - The acquisition is still in the planning stage, with initial discussions taking place with potential transaction partners, including Shanghai Huahong (Group) Co., Ltd. and several investment funds [1] Group 2: Market Position - Huahong Company is recognized as one of the leading integrated circuit wafer foundry enterprises globally, ranking fifth in the world and second among companies in mainland China based on 2024 sales figures [2]

半导体晶圆代工巨头华虹公司（688347.SH，股价78.5元，市值1357.64亿元）迎来大动作。8月17日晚间，华虹公司公告拟收购华虹五厂。 华虹集团为全球排名前列的晶圆代工巨头，旗下华虹公司主要包括华虹一厂、华虹二厂、华虹三厂和华虹七厂。华虹集团旗下华力微主要包括华虹五厂、 华虹六厂等。 按晶圆尺寸看，华虹一厂、二厂、三厂为8英寸产线，而华虹五厂、六厂、七厂为12英寸产线。此次华虹公司收购华虹五厂，或将大幅增加其12英寸晶圆 代工能力。 值得一提的是，8月15日，华虹公司股价涨幅达11.35%。 收购为解决同业竞争问题 华虹公司公告称，为解决IPO（首次公开募股）时承诺的同业竞争事项，公司正在筹划以发行股份及支付现金的方式购买华力微旗下华虹五厂对应的股 权，同时配套募集资金。据悉，本次收购标的资产为华力微所运营的、与华虹公司65/55nm（纳米）和40nm工艺存在同业竞争的资产（即华虹五厂）对应 的股权。目前，该标的资产正处于分立阶段。 2023年，华虹公司科创板上市之初，华虹集团发布了《关于避免同业竞争的补充承诺函》，"自发行人首次公开发行人民币普通股股票并于科创板上市之 日起三年内，按照国家战略部署 ...

每经记者｜朱成祥 每经编辑｜陈柯名 张海妮 半导体晶圆代工巨头华虹公司（688347.SH，股价78.5元，市值1357.64亿元）迎来大动作。8月17日晚间，华虹公司公告拟收购华虹五厂。 华虹集团为全球排名前列的晶圆代工巨头，旗下华虹公司主要包括华虹一厂、华虹二厂、华虹三厂和华虹七厂。华虹集团旗下华力微主要包括华虹五厂、 华虹六厂等。 按晶圆尺寸看，华虹一厂、二厂、三厂为8英寸产线，而华虹五厂、六厂、七厂为12英寸产线。此次华虹公司收购华虹五厂，或将大幅增加其12英寸晶圆 代工能力。 值得一提的是，8月15日，华虹公司股价涨幅达11.35%。 收购为解决同业竞争问题 华虹公司公告称，为解决IPO（首次公开募股）时承诺的同业竞争事项，公司正在筹划以发行股份及支付现金的方式购买华力微旗下华虹五厂对应的股 权，同时配套募集资金。据悉，本次收购标的资产为华力微所运营的、与华虹公司65/55nm（纳米）和40nm工艺存在同业竞争的资产（即华虹五厂）对应 的股权。目前，该标的资产正处于分立阶段。 2023年，华虹公司科创板上市之初，华虹集团发布了《关于避免同业竞争的补充承诺函》，"自发行人首次公开发行人民币普通股股票并 ...

Core Viewpoint - Huahong Company (688347.SH) is planning to issue shares and pay cash to acquire the controlling stake of Shanghai Huahong Microelectronics Co., Ltd. to resolve competition issues arising from its IPO commitments, with the stock suspension expected to last no more than 10 trading days starting August 18, 2025 [1][6][4]. Group 1: Transaction Details - The acquisition aims to address the competition issues related to the 65/55nm and 40nm process nodes where Huahong Company and Huahong Micro have overlapping business [6][10]. - The transaction is currently in the planning stage, with preliminary discussions held with potential transaction parties, including Shanghai Huahong (Group) Co., Ltd. and various investment funds [6][9]. - The acquisition is not expected to constitute a major asset restructuring and will not change the actual control of the company [6][9]. Group 2: Financial Performance - In Q2 2025, Huahong Company reported sales revenue of $566.1 million, a year-on-year increase of 18.3% and a quarter-on-quarter increase of 4.6% [12]. - The gross margin for Q2 was 10.9%, up 0.4 percentage points year-on-year and 1.7 percentage points quarter-on-quarter, with a net profit attributable to shareholders of $8 million, reflecting a 19.2% year-on-year increase [12]. - The company expects Q3 sales revenue to be between $620 million and $640 million, with a gross margin between 10% and 12% [12]. Group 3: Market Context - The global semiconductor market reached over $340 billion in the first half of the year, with a year-on-year growth of 18.9% [13]. - The logic semiconductor segment grew by 37%, while memory semiconductors increased by 20% in the same period [13]. - Huahong Company is positioned as a leading foundry in China, with a comprehensive layout in specialty process nodes and a diverse global customer base [13].

Group 1 - Huahong Semiconductor Co., Ltd. is planning to acquire controlling interest in Shanghai Huahong Microelectronics Co., Ltd. to resolve competition issues related to its IPO commitments [2] - The acquisition targets assets related to 65/55nm and 40nm processes, which are currently in the process of being separated [2] - The transaction is expected to demonstrate Huahong Group's commitment to fulfilling its promises and reflects the company's confidence in the future market development of the specialty process wafer foundry industry [2] Group 2 - In the first half of the year, Huahong Company has shown significant improvements in lean management, with continuous ramp-up of 12-inch production capacity and increasing shipment volumes [3] - If the acquisition proceeds smoothly, it is expected to positively impact Huahong Company's 12-inch capacity expansion and the advancement of differentiated specialty processes, contributing to steady growth in the company's performance [3]

Core Viewpoint - Huahong Company is planning to acquire Huahong Fifth Factory to enhance its 12-inch wafer foundry capacity, addressing competition issues and fulfilling commitments made during its IPO [1][2] Group 1: Acquisition Details - The acquisition involves purchasing equity from Huahong Micro, specifically targeting assets that compete with Huahong Company's 65/55nm and 40nm processes [1] - The transaction is in the planning stage, with initial discussions involving several investment entities, and is not expected to constitute a major asset restructuring [2] Group 2: Market Context and Capacity - The demand for semiconductor wafers is expected to exceed supply by the first half of 2025, driven by domestic needs and international IDM companies adopting a "China for China" strategy [2] - Huahong Company's total 8-inch wafer capacity is projected to be 447,000 pieces with a utilization rate of 108.3% in Q2 2025, reflecting a 5.6 percentage point increase from the previous quarter [3] Group 3: Revenue and Growth - In Q2 2025, the revenue from 12-inch wafers increased from $233 million to $334 million year-over-year, indicating a shift in revenue composition towards 12-inch products [4] - The revenue share of 12-inch wafers rose to 59.0% in Q2 2025, up from 48.7% in the same period last year, while the share of 8-inch wafers decreased to 41.0% [3]

8月17日，科创板公司华虹公司（688347）公告，因筹划发行股份及支付现金购买资产并募集配套资金暨关联交易事项，公司自8月18日开市起停牌。 | 证券代码:688347 | 证券简称:华虹公司 公告编号:2025-019 | | --- | --- | | 港股代码:01347 | 港股简称:华虹半导体 | | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌 期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | 688347 | 华虹公司 | A 股 停牌 | 2025/8/18 | | | | 华虹公司此次交易的目的，是为了解决IPO承诺的同业竞争事项。 根据华虹公司此前公告，华虹公司及其间接控股股东所控制的华力微均从事晶圆代工业务。但双方定位及主要工艺技术平台不同，华虹公司主要定位于特 色工艺，华力微主要定位于先进逻辑工艺。 公告显示，华虹公司正在筹划以发行股份及支付现金的方式，购买上海华力微电子有限公司（以下简称"华力微"）控股权，同时配套募集资金。此次交易 预计不构成重大资产重组，也不构成重组上市，但构成关 ...