Huahong Semiconductor rises nearly 6% in early trading; the acquisition deal of Huali Micro has been accepted by the Shanghai Stock Exchange.

SadMoneyMeow · 2026-04-01T22:53:17+00:00

Huahong Semiconductor's stock price rose by 5.80%, and the merger with Huali Micro was accepted by the Shanghai Stock Exchange, marking the start of substantive review of the asset injection. The company plans to rename itself "Huahong Hongli Semiconductor Co., Ltd." to unify brand image, optimize governance structure, and promote future development.

SadMoneyMeow

2026-04-01 22:53:17

Abstract generation in progress

Hong Kong-listed Huahong Semiconductor (01347) rebounded by nearly 7% during trading. As of the time of this release, the stock was up 5.80%, trading at HKD 82.15, with a turnover of HKD 885 million.

Huahong’s M&A transaction to acquire Huali Micro has been accepted for review by the Shanghai Stock Exchange, indicating that the asset injection process for this round has entered the substantive review stage. It is expected that subsequent procedures will be advanced in an orderly and steady manner. By injecting Huali Micro, Huahong Semiconductor and other companies controlled by the controlling shareholder are expected to have their industry competition in overlapping process platforms—65/55nm and 40nm—substantively resolved. This optimizes the company’s governance structure and business independence, and is in line with regulatory requirements and capital market expectations.

It is also worth noting that Huahong Semiconductor plans to change its name to “Huahong Hongli Semiconductor Co., Ltd.” The main reason for this proposed renaming is to align the company’s name with that of its principal operating subsidiaries, unify the brand, and better reflect the group’s corporate image. In addition, the board believes that the name change will benefit the group’s future business development and is consistent with the overall best interests of the company and its shareholders.

(Editor: Liu Jing HZ010)

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