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Huahong Semiconductor: Announces Plan to Acquire 97.5% Stake in Huali Microelectronics via Share Issuance and Cash Payment, with Concurrent Fundraising; Trading to Resume
2025-08-31 /
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Author：小编
Huahong Semiconductor has unveiled plans to acquire a 97.4988% stake in Shanghai Huali Microelectronics through a combination of share issuance and cash payments, while simultaneously raising additional funds to match the transaction. This move, which is contingent upon the approval of the shareholders' meeting and relevant regulatory bodies, is subject to uncertainties. Trading of the company's shares will recommence on September 1, 2025. The acquisition aims to address horizontal competition concerns and is anticipated to bolster Huahong Semiconductor's capabilities within the 12-inch wafer foundry industry.
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