HG Semiconductor Completes Acquisition of Target Company A and Issues New Shares

Reuters
Jan 29
HG Semiconductor Completes Acquisition of Target Company A and Issues New Shares

HG Semiconductor Ltd. has completed the acquisition of the entire issued share capital of Target Company A, which holds approximately 8.34% equity interest in Shenzhen Jiahong. Following this transaction, HG Semiconductor Ltd. now consolidates the financial results of Target Company A, and Shenzhen Jiahong remains an indirect non wholly-owned subsidiary of the group. The shareholding structure of Shenzhen Jiahong after the transaction is approximately 68.64% held by the group, with other stakes held by the Employee Shareholding Platform, Target Company B, THJY Investment, and Orchid Enterprises. To fulfill the consideration for the acquisition, HG Semiconductor Ltd. has issued 146,776,000 new shares at HK$0.50 per share to Vendor A1.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HG Semiconductor Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260129-12005338), on January 29, 2026, and is solely responsible for the information contained therein.

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