On October 29th, Huahong Technology released the third quarter report of 2025. The third quarter revenue was 2.302 billion yuan, an increase of 70.39% year-on-year; the net profit was 117 million yuan, an increase of 23211.89% year-on-year. The revenue in the first three quarters was 5.461 billion yuan, an increase of 34.94% year-on-year; the net profit was 197 million yuan, an increase of 7110.70% year-on-year. The substantial increase in performance was mainly affected by factors such as natio...
Class A shares of rare earth permanent magnet plate bidding is active, Wolong new energy, Beijing Express bidding limit, Sanchuan wisdom, Huahong technology, Baogang shares, Jintian shares are high up more than 5%.
Class A shares rare earth permanent magnet concept continued to rise, Benlang New Materials 30cm daily limit, Sanchuan wisdom, Jiuwu Hi-Tech double 20cm daily limit, northern rare earth, medium color shares, Huahong technology, Baotou steel shares and other stocks, Jiuling Technology rose more than 17%, Zhongke Magnetic Industry, West Magnetic Technology and other stocks rose. Recently, Northern Rare Earth and Baotou Steel announced an increase in rare earth prices, which is expected to further ...
Hong Kong semiconductor stocks strengthened in the afternoon, Huahong Semiconductor (01347.HK) rose 14%, Crystal Gate Semiconductor (02878.HK) rose more than 11%, Hongguang Semiconductor (06908.HK), Shanghai Fudan (01385.HK) rose more than 5%, SMIC International (00981.HK) rose more than 4%.
Hong Kong chip stocks collectively fell, Huahong Semiconductor (01347.HK), Semiconductor (02878.HK) fell more than 5%, SMIC (00981.HK) fell more than 4%, Hongguang Semiconductor (06908.HK) fell more than 3%, ASMPT (00522.HK) fell more than 1%.
On November 21st, it was reported that STMicroelectronics (ST) announced a new plan to cooperate with Chinese wafer foundry Huahong Semiconductor, and will cooperate with Huahong to produce microcontroller units (MCUs) with 40nm nodes in China. The reporter asked Huahong to verify the authenticity of the above cooperation information. Insiders admitted that there is relevant cooperation, but there is no more information that can be officially disclosed at present.