Core Viewpoint - Huahong Semiconductor (01347) has seen a significant stock price increase, with a rise of nearly 6% in intraday trading and an overall increase of over 40% since December 17. The current stock price is reported at HKD 92.85 with a trading volume of HKD 22.25 billion [4]. Group 1: Acquisition Details - Huahong Semiconductor plans to acquire approximately 97.5% of Huali Micro for a transaction price of HKD 8.268 billion. This acquisition is expected to enhance the company's market share in the global foundry market and improve supply capabilities in specialty processes [4]. - The integration of Huali Micro is anticipated to significantly boost Huahong's performance, with projected net profit increasing from HKD 380 million to HKD 960 million, representing a 151% growth. This will also elevate earnings per share (EPS) from HKD 0.22 to HKD 0.50, a 127% increase [4]. Group 2: Financial Impact - The acquisition is expected to bring in approximately HKD 7.6 billion in cash through supporting financing, which will enhance the company's total assets and net assets by 16% and 21% respectively. This will significantly improve liquidity and support production line upgrades [4].

Core Viewpoint - Hanrui Cobalt Industry (300618) is actively expanding its diversified procurement channels and ensuring stable supply to downstream customers while upgrading production lines to enhance market competitiveness [1] Group 1: Business Operations - The company is focusing on diversifying its procurement channels to adapt to raw material supply conditions and inventory levels [1] - Sales orders are being signed in a scientific and reasonable manner to ensure stable supply to downstream customers [1] Group 2: Market Strategy - The company is closely following market trends and is systematically advancing production line upgrades [1] - There is an effort to enrich the product matrix to improve market competitiveness [1]