No shareholder of SMIC and Huahong Electronics has recently issued an announcement on reducing their A-share holdings

2025-05-09 10:48:23

On the evening of May 8, two major wafer foundry giants, SMIC and Huahong, disclosed their first quarterly reports for 2025. Some market participants have noticed that in the first quarterly reports of SMIC and Huahong, the shareholding ratio of Xinxin (Hong Kong) Investment Co., Ltd. (Xinxin Hong Kong), a wholly-owned subsidiary of its major shareholder, the National Integrated Circuit Industry Investment Fund Co., Ltd., has changed. It was learned from informed sources that Xinxin Hong Kong holds H shares in both companies, and its reduction of holdings does not involve the A shares of the two companies. Recently, no shareholders of SMIC and Huahong have issued announcements related to the reduction of A shares.

SMIC

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