The second phase of Wuxi project will be put into trial production this year, and the major chip foundry will expand its production capacity

Release time:May 11, 2024 13:50 PM

The 2023 collective performance briefing meeting of Shanghai state-owned listed companies was recently held at the Shanghai Stock Exchange. Seven Shanghai state-controlled listed companies listed on the Shanghai Stock Exchange, including Huahong Company, Guotai Junan, Shanghai Electric, Jinjiang Hotels, Shanghai Airport, Shenergy Group, and Shanghai Film, participated in the event and introduced the production and operations, financial status, dividends, and industries of each listed company. status, ESG and sustainable development strategies and other content that investors are concerned about, and answer investor questions.

Among them, Huahong Company is a semiconductor specialty technology enterprise that has attracted much market attention. Among pure wafer foundry companies, Huahong ranks fifth globally in sales in 2023 and second among mainland Chinese companies.

In 2023, the semiconductor market as a whole will be sluggish. That year, Huahong Company’s operating income dropped slightly by 3.30% year-on-year to 16.232 billion yuan. Net profit attributable to the parent company was 1.936 billion yuan, a decrease of 35.64% from the previous year, but a certain increase compared with 2020 and 2021.

In an environment where consumer electronics continues to be weak, Huahong's revenue share in the automotive, industrial control and other fields increased from 22.2% to 29.5%.

In terms of production capacity construction, Huahong Wuxi Phase II project with a total investment of US$6.7 billion will start construction in June 2023, and the steel roof truss hoisting of the main factory building will be completed in December. It is expected to start trial production this year and reach a production capacity of 30,000-40,000 pieces/month next year. The Wuxi Phase I project that was previously put into production has completed the ramp-up of production capacity from 65,000 pieces/month to 95,000 pieces/month. The company's 8-inch equivalent production capacity expanded to 391,000 wafers per month, and the annual shipment of wafers reached 4.103 million.

2024 is a critical year for the implementation of actions to deepen and improve the reform of state-owned enterprises, and it is also a critical year for connecting the past and the next. The Shanghai State-owned Assets Supervision and Administration Commission will continue to guide and encourage listed companies to combine their own characteristics, strengthen communication with investors, improve company transparency, and promote intrinsic value and market value to go hand in hand.

The second phase of Wuxi project will be put into trial production this year, and the major chip foundry will expand its production capacity

Being asked to add an opening session but saying they don't want to cater, night tours in multiple parks in Shanghai have been "instantly" ecological | parks | activities

At 7:30 pm, the Shanghai Wildlife Park, shrouded in darkness, could only hear the sound of frogs and insect calls. Several boats quietly approached the shore, and a hippopotamus with a big mouth suddenly caught the eye. A hippopotamus with a few carrot pieces left on its upper jaw was waiting for the second wave of feeding from its keepers. The cruise ship slowly moved forward, and from time to time, beautiful American red ibises, honest water buffaloes, silly and cute water dolphins, mischievous black capped hanging monkeys, elegant golden monkeys appeared on both sides... They were lazy during the day and reached their most energetic time every day. This is the "Wonderful Night at the Zoo" event that Shanghai Wildlife Park has resumed this year. From July 1st to August 31st, the park will be extended to 8 pm. Since the 1990s, a group of Shanghai parks have successively launched night tours, mainly focusing on natural science popularization and appreciation. Amidst the cheers, it is unclear whether park night tours can balance science popularization

The Shanghai Stock Exchange has the world's largest fundraising amount, with IPO data released in the first half of the year: A-shares are relatively active in China | globally | A-shares

In the middle of 2023, global IPO activity continued to slow down in the first half of the year, while the-share market showed relative activity. According to the "Mainland China and Hong Kong IPO Market" report released by Ernst & Young on June 29, Mainland China is still an important region for global IPO activities, with the number of IPOs and the amount of funds raised accounting for 28% and 50% of the world's total respectively. Among them, the top two global IPO funds are from the Chinese mainland market, namely the Shanghai Stock Exchange and the Shenzhen Stock Exchange. In the world's top ten IPOs, Chinese companies occupy 5 seats, and the industries involved are technology, energy and power, retail and consumer goods. In the first half of 2023, a total of 173 companies are expected to go public in the-share market, raising 210.4 billion RMB, and the number of IPOs increased by 2% year-on-year. But the amount of funds raised is lower than the same period last year.

What new concepts are reflected in the concept of "strengthening the body and keeping fit"? For the first time in the history of Shanghai Lupu Bridge, structural maintenance has been quietly completed for the Lupu Bridge | Bridge | Concept

The Lupu Bridge, the sixth bridge on the Huangpu River in Shanghai and known as the "world's largest arch," has recently completed its first structural repair since its construction. Since 2015, Shanghai's urban bridges have entered a peak maintenance period, with several iconic bridges undergoing maintenance and renovation, including Zhejiang Road Bridge, Nanpu Bridge, Yangpu Bridge, Songpu Bridge, etc. Why did the Lupu Bridge, which is younger than them, start "strengthening and keeping fit" early on? The Jiefang Daily Shangguan News reporter learned that after this maintenance, the Lupu Bridge still needs to consider upgrading, reflecting the new concept of urban municipal facility operation. How long can disease removal last? June 28th is the 20th anniversary of the opening and operation of the Lupu Bridge. Why did a young bridge who had just turned 20 start maintenance work early? The design period of the main structure of Lupu Bridge is 1 year

The second heavy rain coming into the plum blossom season in Shanghai will hit rainstorm tomorrow. There will be a heavy rain process | gale. Shanghai | Shanghai

The second heavy rainstorm in Shanghai is coming soon. According to the forecast of Shanghai center Meteorological Observatory, as the Meiyu belt continues to move northward, the Meiyu will return strongly tomorrow night. Tomorrow to the day after tomorrow, there will be a heavy to rainstorm in Shanghai, accompanied by lightning and thunderstorm gale. The main precipitation period occurs from tomorrow night to the day after tomorrow, with uneven distribution of rainfall. It is expected that the cumulative rainfall will be 30 to 50 millimeters, with some areas reaching 60 to 80 millimeters and some areas reaching 80 to 100 millimeters. The maximum hourly rainfall intensity is 40 to 60 millimeters. In terms of wind power, it is expected that the wind speed in Shencheng will increase the day after tomorrow, with southeast winds of 4 to 5 levels and gusts of 6 levels. In coastal areas along the Yangtze River and the mouth of the Yangtze River, gusts of 5 to 6 levels and gusts of 7 levels will occur, and gusts of 7 to 9 levels will occur during thunderstorms. The Shanghai Meteorological Bureau reminds us to pay attention to preventing the adverse effects of convective weather. Firstly, there is significant short-term precipitation

Why do these tech industry giants meet in the financial circle?, "New Faces" Industry Appearing on the Lujiazui Forum | Finance | Forum

"What to do when encountering patent infringement during the IPO process?" "How to solve the financing difficulties of light asset, high R&D investment listed companies?" This year's Lujiazui Forum, a newly added event, brings together science and technology industry leaders and financial industry executives. Today, the special event of "Science and Technology Innovation Financial Studio" organized by the Shanghai Financial Industry Federation was held, and the "Science and Technology Innovation Financial Studio" was officially unveiled in Shanghai. The studio aims to serve as a platform for communication and exchange between Shanghai's technology enterprises and financial institutions, gathering industry elites, focusing on difficult and blocking issues, jointly exploring cutting-edge trends in science and technology innovation and financial innovation demands, and contributing wisdom to the coordinated development of Shanghai International Financial Center and globally influential science and technology innovation centers. Zhou Xiaoquan, Director of the Shanghai Municipal Bureau of Local Financial Supervision and Administration, stated that science and technology innovation financial services have a long way to go. When

Important news

Several scenes are very unusual, Xi said | Xi Jinping’s trip to Europe Current Affairs News丨A review of Xi Jinping’s first visit this year: a major diplomatic action of extraordinary significance Xi Jinping issued important instructions on the construction of ideological and political courses in schools Xi Jinping visits Hungary again and has new ideas, "come home"The moment of Xi Jinping’s visit to Europe｜The code for forging the “steel pole” friendship between China and Serbia Close range丨“Isn’t this a symbol of the growth of China-Hungary friendship?”

Political situation

Listening to the report on the inspection and rectification, the Standing Committee of the Municipal Party Committee conveyed the spirit of studying and implementing the important instructions of General Secretary Xi Jinping’s important speech Chen Jining, Gong Zheng and Wang Junzheng, Yan Jinhai discussed plans to deepen cooperation between the two places, and the Tibet Autonomous Region party and government delegation came to Shanghai for inspection Shi Fang, deputy mayor of Yangpu District, is proposed to be a member of the Standing Committee of the regional party committee, and Shanghai municipal cadres were announced before taking office.Zhang Guoqing and Chen Jining attended the launching ceremony and delivered a speech. The 2024 China Brand Day event opened in Shanghai These two regulations were voted on and the 13th meeting of the Standing Committee of the 16th Shanghai Municipal People's Congress was held.Registration is open to young people around the world! This major forum is scheduled to be held next Saturday at the Shanghai Center

Economics

The second phase of Wuxi project will be put into trial production this year, and the major chip foundry will expand its production capacity Start with a rice cake and a bowl of noodles with traditional toppings and explore Shanghai Feel the strongest "Made in China", Chinese Brand Day checked in Shanghai as the "Internet Celebrity City" across the country Lai Yifen plans to steam rice dumplings in front of the store. Pre-packaged food does not have "smoke and smoke". New regulations encourage "cross-border"How to take over the “wealth and wealth” of Internet celebrity cities? Turning data assets into new ideas for solving problems Internet celebrity yogurt vulgar marketing? Market supervision department investigation

Regional situation

Huangpu District launches the "Red Open-Air Museum" brand, encountering red culture unexpectedly, "walking in the streets and alleys"To provide safe and controllable high-quality seedlings for rice planting, Chongming builds a digital seedling cultivation and supply service center Yangpu District will carry out more than 90 online and offline activities within a month to create "mass legal cultural activities"A group of enterprises have obtained the right to use high-quality properties in Zhangjiang for free for one year Emotional healing, dance, art, e-sports and other classes are launched, and registration is hot! Minhang District “Youth Night School” opens To create a music gathering place along the North Bund art shoreline, Hongkou launches the "Flowing Notes" concert series

Viewpoint

"Strong people" and "light people" are always suitable | Written in "May 4th", enterprising life Is Mr. Lu Xun an "old smoker"? ,ask again Does it fit? , overly praising the “counterattack” of vocational high schools What can be done to curb the bottomless "traffic impulse"?How to effectively regulate traffic fraud? ,Multiple departments launched a heavy blow What deep expectations are released? , the government affairs APP has become a “wishing pool”

Vision

Hamas strongly condemns and "will do its best not to let the people's trust fail"; Israeli tanks enter Rafah, Putin starts a new term [See the World] The Israeli army requires residents in eastern Rafah to evacuate to the "humanitarian zone" as soon as possible Russia holds general rehearsal for military parade commemorating the 79th anniversary of the victory in the Great Patriotic War Subway operations are delayed to ensure travel, and Shanghai Station welcomes holiday passenger flow peaks More than 130,000 people have been displaced, [See the World] Floods in Kenya have killed at least 90 people Tourists who evade fees can be fined up to 300 euros. [See the World] Anti-war demonstrations broke out in many universities across the United States; Venice pilots "entry fee"