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Hua Hong Semiconductor Limited entered into an acquisition agreement to acquire a 97.5% stake in Shanghai Huali Microelectronics Corporation from a group of shareholders including Shanghai Huahong (Group) Co., Ltd. for CNY 9.4 billion on August 29, 2025. The consideration will be paid via shares and cash.
“Hua Hong Semiconductor Limited (SEHK:1347) entered into the acquisition agreement to acquire 97.50% stake in Shanghai Huali Microelectronics Corporation ... for CNY 9.4 billion on August 29, 2025.”hk.marketscreener.com
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