华虹半导体2023年中期报告

HUA HONG SEMICONDUCTOR LIMITED Stock Code 股份代號 : 1347(Incorporated in Hong Kong with limited liability)（於香港註冊成立之有限公司） 2023中期報告INTERIM REPORT 華彩芯未來華彩芯͊Ը EMPOWERINGTHE INFORMATION AGEEMPOWERINGTHE INFORMATION AGE In this interim report, unless the context otherwise requires, the following terms shall have the meanings set out below. the board of Directors of the Company; “Board” the People’s Republic of China, but for the purpose of this interim report andfor geographical reference only, except where the context otherwise requires,references in this interim report to “China” and the “PRC” do not include Taiwan, theMacau Special Administrative Region and Hong Kong; China Integrated Circuit Industry Investment Fund (Phase II) Co., Ltd.* (), a company established in the PRC on 22October 2019; Hua Hong Semiconductor Limited, a company incorporated in Hong Kong withlimited liability on 21 January 2005 and, except where the context otherwiserequires, all of its subsidiaries, or its present subsidiaries where the context refersto the time before it became the holding company of its present subsidiaries; the company secretary of the Company; the director(s) of the Company; the executive Director(s) of our Company; ourCompany and our subsidiaries or,where the context so requires,thebusinesses operated by our subsidiaries or their predecessors (as the case maybe) with respect to the period before our Company became the holding company ofour present subsidiaries (or became associated companies of our Company); Shanghai Huahong Grace Semiconductor Manufacturing Corporation* (), a company incorporated in the PRC on 24 January 2013and a wholly-owned subsidiary of the Company; Hong Kong dollars, the lawful currency of Hong Kong; the Hong Kong Special Administrative Region of the PRC; “Hong Kong Stock Exchange” The Stock Exchange of Hong Kong Limited; “Independent Non-ExecutiveDirector(s)” the independent non-executive Director(s) of our Company; the joint venture agreement dated 18 January 2023 entered into among theCompany, HHGrace, China IC Fund II and the Wuxi Municipal Entity for the purposeof setting up a joint venture to carry out the JV Business; “JV Agreement” “JV Business” the manufacturing and sale of integrated circuits that the JV Company engages in,including the production of 12-inch (300 mm) wafers adopting 65/55 nm to 40 nmprocesses; 1INTERIM REPORT 2023 DEFINITIONS Hua Hong Semiconductor Manufacturing (Wuxi) Co., Ltd.* (()), a company incorporated in the PRC on 17 June 2022 for the purpose ofthe JV Business, the registered capital of which was held as to 100% by HHGraceand, upon completion of the relevant filing(s) with the PRC authorities under the JVAgreement and the JV Investment Agreement, became owned as to approximately21.9% by the Company, 29.1% by HHGrace, 29% by China IC Fund II and 20% bythe Wuxi Municipal Entity; the investment agreement dated 18 January 2023 entered into among the JVShareholdersand the JV Company,pursuant to which the JV Shareholdersconditionally agreed to increase the registered capital of the JV Company toUS$4.02 billion; the Rules Governing the Listing of Securities on The Stock Exchange of Hong KongLimited, as amended or supplemented from time to time; WuxiXi Hong Guo Xin Investment Co.,Ltd.*(),aprofessional investment company jointly controlled by municipal and district-levelstate-owned enterprises. CORPORATE INFORMATION Board of Directors Hong Kong Legal Advisor Herbert Smith Freehills23/F, Gloucester Tower15 Queen’s Road CentralHong Kong Executive DirectorsSuxin Zhang(Chairman)Junjun Tang(President) Non-Executive DirectorsGuodong SunJing WangJun Ye Principal Banks China Construction Bank Shanghai BranchNo. 900, Lujiazui Ring RoadPudong New AreaShanghai, PRC Independent Non-Executive Directors Stephen Tso Tung ChangKwai Huen Wong, JPLong Fei Ye China Development Bank Shanghai BranchNo. 68, Puming RoadShanghai, PRC Company SecretarySui Har Lee ChinaConstruction Bank Corporation Hong KongBranch28/F, CCB Tower, 3 Connaught Road, CentralHong Kong Authorized RepresentativesJunjun TangSui Har Lee Bank of Communications Co., Ltd. Hong Kong Branch20 Pedder Street, CentralHong Kong Audit CommitteeStephen Tso Tung Chang(Chairman)Long Fei YeJun Ye China Development Bank Jiangsu BranchNo. 232, Middle Jiangdong RoadNanjing, Jiangsu, PRC Remuneration CommitteeKwai Huen Wong, JP(Chairman)Long Fei YeJing Wang Agricultural Bank of China Wuxi Xinwu SubbranchNo. 26, Hefeng RoadXinwu DistrictWuxi, Jiangsu, PRC Nomination CommitteeSuxin Zhang(Chairman)Kwai Huen Wong, JPLong Fei Ye China Construction Bank Wuxi High and New TechnologyIndustrial Development Zone SubbranchNo. 26, Hefeng RoadXinwu DistrictWuxi, Jiangsu, PRC Website www.huahonggrace.com China CITIC Bank Wuxi New District SubbranchNo. 26, Hefeng RoadXinwu DistrictWuxi, Jiangsu, PRC Auditor Ernst & YoungCertified Public Accountants27/F, One Taikoo Place979 King’s RoadQuarry Bay,