HuaHong to acquire 97.5% stake in HLMC for CNY 8.27 billion

HuaHong announced plans to acquire a 97.4988% equity stake in HLMC (Hua Li Microelectronics) for CNY 8.268 billion, issuing shares to four counterparties. The transaction was announced in late December 2025.

“HuaHong announced that it plans to issue a total of 191 million shares at a price of CNY 43.34 per share to acquire an aggregate 97.4988% equity stake in HLMC.”trendforce.com

• 1 source
• trendforce.com[News] China Foundry Push Accelerates with Nexchip RMB 35.5B Phase IV, Hua Hong’s RMB 8.2B DealJan 8, 2026

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