Hua Hong Semiconductor emerges as a leading global foundry giant in specialty process wafer technology

According to news on August 7, China’s semiconductor industry giant Huahong Company was officially listed on the Science and Technology Innovation Board today and changed its name to Huahong Semiconductor Company, becoming the largest IPO in the A-share market this year. It is understood that the company’s issue price is 52 yuan per share, the issuance price-to-earnings ratio is 34.71 times, and the total amount of funds raised is expected to reach 21.203 billion yuan

Hua Hong Semiconductor Company is a global A leading specialty process wafer foundry company with more than 25 years of technology accumulation and key core technologies. Its main business includes providing embedded/stand-alone non-volatile memory, power devices, analog and power management, logic and radio frequency and other wafer foundry and supporting services. In the field of embedded non-volatile memory, Hua Hong Semiconductor is the world's largest smart card IC manufacturing foundry and the largest domestic MCU manufacturing foundry. In the field of power devices, it is the world's No. 1 power device wafer foundry company and the only company with both 8-inch and 12-inch power device foundry capabilities

Huahong Semiconductor Company is the largest wafer foundry company in mainland China that focuses on specialty processes. It ranks sixth in the operating revenue ranking of global wafer foundry companies in 2021. The company currently has three 8-inch wafer fabs and one 12-inch wafer fab. In the past three years, the company's operating income has grown steadily, reaching 6.737 billion yuan, 10.63 billion yuan and 16.786 billion yuan respectively. At the same time, the net profit attributable to the owners of the parent company also showed an upward trend, reaching 505 million yuan, 1.66 billion yuan and 3.009 billion yuan respectively.

The funds raised by Huahong Semiconductor’s IPO will accelerate research and development and Expand production scale and further enhance competitiveness in the field of specialty process wafer foundry. As the semiconductor industry continues to develop, the company is expected to gain a larger share of the global market and promote the rise of China's semiconductor industry

After Huahong Semiconductor Company was listed on the Science and Technology Innovation Board, investors and related interests in the technology industry Fang will pay close attention to the company's performance and future development plans. At the same time, the company will also assume greater social responsibilities, promote technological innovation and international competitiveness in the domestic semiconductor industry, and make greater contributions to the development of China's technology industry. contribute

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