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Hua Hong Semiconductor Ltd. ( (HK:1347) ) just unveiled an announcement.
Hua Hong Semiconductor has renewed a series of continuing connected transactions with affiliated parties for 2026, including a framework agreement with Huahong Group for mutual sales and purchases of semiconductor products and materials, a property management agreement and dormitory lease with Huajin Property Management and Huahong Real Estate, and a clean room lease with Huali Micro. The board has also proposed new annual caps for long-term leases with Huali Micro and Huahong Real Estate, which run until 2030 and 2033 respectively, to ensure the company can continue using and providing key facilities in the ordinary course of business, supporting operational continuity and clarifying the scale of related-party dealings for investors and regulators.
The most recent analyst rating on (HK:1347) stock is a Hold with a HK$68.00 price target. To see the full list of analyst forecasts on Hua Hong Semiconductor Ltd. stock, see the HK:1347 Stock Forecast page.
More about Hua Hong Semiconductor Ltd.
Hua Hong Semiconductor Limited is a Hong Kong–incorporated semiconductor foundry group that manufactures and sells semiconductor products and related services. The company’s operations include production for affiliated Huahong Group companies and the provision and use of specialised facilities such as clean rooms, dormitories and managed properties that support its manufacturing activities.
Average Trading Volume: 43,991,327
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$143.5B
For detailed information about 1347 stock, go to TipRanks’ Stock Analysis page.