# 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.

- Type: Acquisition
- Announced: 2025-12-31
- Where: China
- Status: announced
- Products: semiconductor foundry services
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Huahong Group](https://endata.com/companies/21164.md) (acquirer)
- [HLMC](https://endata.com/companies/89538.md) (target)

## Sources

- [trendforce.com](https://www.trendforce.com/news/2026/01/08/news-chinas-wafer-foundry-expansion-accelerates/), 2026-01-08: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.