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Hua Hong Semiconductor Ltd. ( (HK:1347) ) has shared an update.
Shareholders of Hua Hong Semiconductor approved all resolutions at the annual general meeting held on 14 May 2026, including adoption of the 2025 audited financial statements and profit distribution plan, board remuneration, and reappointment of Ernst & Young as auditors. Investors also backed general mandates for share repurchases and new share issuance, confirming support for the company’s capital management and funding flexibility.
Non-executive director Chengyan Xiong and independent non-executive directors Kwai Huen Wong and Songlin Feng were re-elected, reinforcing continuity in the company’s governance structure. Shareholders further approved changing the company’s English name to Hua Hong Grace Semiconductor Limited and amending the Articles of Association, signaling a strategic brand and corporate framework update that may refine its market identity and regulatory alignment.
The most recent analyst rating on (HK:1347) stock is a Hold with a HK$88.00 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 manufacturer, focusing on foundry services and related chipmaking operations. The company is listed on the Hong Kong Stock Exchange under stock code 01347 and serves global electronics and technology customers that rely on advanced manufacturing capacity.
Average Trading Volume: 24,408,283
Technical Sentiment Signal: Buy
Current Market Cap: HK$247.7B
For an in-depth examination of 1347 stock, go to TipRanks’ Overview page.