华虹半导体2023年中期报告

HUAHONGSEMICONDUCTORLIMITED 华虹半导体有限公司 (IncorporatedinHongKongwithlimitedliability) （于香港注册成立之有限公司） StockCode股份代号:1347 2023 INTERIMREPORT 中期报告 芯 华彩未来 EMPOWERING THEINFORMATIONAGE DEFINITIONS Inthisinterimreport,unlessthecontextotherwiserequires,thefollowingtermsshallhavethemeaningssetoutbelow.“Board”theboardofDirectorsoftheCompany; “China”or“thePRC”thePeople’sRepublicofChina,butforthepurposeofthisinterimreportandforgeographicalreferenceonly,exceptwherethecontextotherwiserequires,referencesinthisinterimreportto“China”andthe“PRC”donotincludeTaiwan,theMacauSpecialAdministrativeRegionandHongKong; “ChinaICFundII”ChinaIntegratedCircuitIndustryInvestmentFund(PhaseII)Co.,Ltd.*(国家集成电路产业投资基金二期股份有限公司),acompanyestablishedinthePRCon22October2019; “Company”or“ourCompany”HuaHongSemiconductorLimited,acompanyincorporatedinHongKongwithlimitedliabilityon21January2005and,exceptwherethecontextotherwiserequires,allofitssubsidiaries,oritspresentsubsidiarieswherethecontextreferstothetimebeforeitbecametheholdingcompanyofitspresentsubsidiaries; “CompanySecretary”thecompanysecretaryoftheCompany;“Director(s)”thedirector(s)oftheCompany; “EPS”earningspershare; “ExecutiveDirector(s)”theexecutiveDirector(s)ofourCompany; “Group”ourCompanyandoursubsidiariesor,wherethecontextsorequires,thebusinessesoperatedbyoursubsidiariesortheirpredecessors(asthecasemaybe)withrespecttotheperiodbeforeourCompanybecametheholdingcompanyofourpresentsubsidiaries(orbecameassociatedcompaniesofourCompany); “HHGrace”ShanghaiHuahongGraceSemiconductorManufacturingCorporation*(上海华虹宏力半导体制造有限公司),acompanyincorporatedinthePRCon24January2013andawholly-ownedsubsidiaryoftheCompany; “HK$”HongKongdollars,thelawfulcurrencyofHongKong; “HongKong”theHongKongSpecialAdministrativeRegionofthePRC;“HongKongStockExchange”TheStockExchangeofHongKongLimited; “IndependentNon-ExecutiveDirector(s)” theindependentnon-executiveDirector(s)ofourCompany; “JVAgreement”thejointventureagreementdated18January2023enteredintoamongtheCompany,HHGrace,ChinaICFundIIandtheWuxiMunicipalEntityforthepurposeofsettingupajointventuretocarryouttheJVBusiness; “JVBusiness”themanufacturingandsaleofintegratedcircuitsthattheJVCompanyengagesin,includingtheproductionof12-inch(300mm)wafersadopting65/55nmto40nmprocesses; INTERIMREPORT20231 DEFINITIONS “JVCompany”HuaHongSemiconductorManufacturing(Wuxi)Co.,Ltd.*(华虹半导体制造(无锡)有限公司),acompanyincorporatedinthePRCon17June2022forthepurposeoftheJVBusiness,theregisteredcapitalofwhichwasheldasto100%byHHGraceand,uponcompletionoftherelevantfiling(s)withthePRCauthoritiesundertheJVAgreementandtheJVInvestmentAgreement,becameownedastoapproximately21.9%bytheCompany,29.1%byHHGrace,29%byChinaICFundIIand20%bytheWuxiMunicipalEntity; “JVInvestmentAgreement”theinvestmentagreementdated18January2023enteredintoamongtheJVShareholdersandtheJVCompany,pursuanttowhichtheJVShareholdersconditionallyagreedtoincreasetheregisteredcapitaloftheJVCompanytoUS$4.02billion; “JVShareholders”theCompany,HHGrace,ChinaICFundIIandtheWuxiMunicipalEntity; “ListingRules”theRulesGoverningtheListingofSecuritiesonTheStockExchangeofHongKongLimited,asamendedorsupplementedfromtimetotime; “ModelCode”theModelCodeforSecuritiesTransactionsbyDirectorsofListedIssuersassetoutinAppendix10totheListingRules; “Non-ExecutiveDirector(s)”thenon-executiveDirector(s)ofourCompany; “QST”QSTCorporation(上海硅睿科技有限公司),acompanyincorporatedinthePRCon13September2012andaconnectedpersonoftheCompanyuntil1September2020; “RMB”Renminbi,thelawfulcurrencyofthePRC; “SFO”theSecuritiesandFuturesOrdinance(Chapter571oftheLawsofHongKong),asamendedorsupplementedfromtimetotime; “ShanghaiAwinic”ShanghaiAwinicTechnologyCo.,Ltd.(上海艾为电子技术股份有限公司),acompanyincorporatedinthePRCon18June2008whosesharesarelistedontheSTARMarketoftheShanghaiStockExchange(stockcode:688798); “ShanghaiHuali”ShanghaiHualiMicroelectronicsCorporation(上海华力微电子有限公司),acompanyincorporatedinthePRCon18January2010andaconnectedperson; “ShanghaiStockExchange”theShanghaiStockExchange; “STARMarket”theScienceandTechnologyInnovationBoardoftheShanghaiStockExchange;“US$”USdollars,thelawfulcurrencyofUSA; “WuxiMunicipalEntity”WuxiXiHongGuoXinInvestmentCo.,Ltd.*(无锡锡虹国芯投资有限公司),aprofessionalinvestmentcompanyjointlycontrolledbymunicipalanddistrict-levelstate-ownedenterprises. 2HUAHONGSEMICONDUCTORLIMITED CORPORATEINFORMATION BoardofDirectors ExecutiveDirectorsSuxinZhang(Chairman)JunjunTang(President) Non-ExecutiveDirectors GuodongSunJingWangJunYe IndependentNon-ExecutiveDirectors StephenTsoTungChangKwaiHuenWong,JPLongFeiYe CompanySecretary SuiHarLee AuthorizedRepresentatives JunjunTangSuiHarLee AuditCommittee StephenTsoTungChang(Chairman) LongFeiYeJunYe RemunerationCommittee KwaiHuenWong,JP(Chairman) LongFeiYeJingWang NominationCommitteeSuxinZhang(Chairman)KwaiHuenWong,JPLongFeiYe Website www.huahonggrace.com Auditor Ernst&Young CertifiedPublicAccountants 27/F,OneTaikooPlace979King’sRoad QuarryBay,HongKong HongKongLegalAdvisor HerbertSmithFreehills23/F,GloucesterTower15Queen’sRoadCentralHongKong PrincipalBanks ChinaConstructionB