HUA HONG SEMI Limited announced adjustments to the annual cap amount for daily related transactions with HUA HONG Group for 2024, as well as the expected daily related transaction quotas for 2025. The company has completed the necessary review procedures for this matter and obtained verification opinions from the sponsoring Institutions.The adjustments and expectations involve related transactions primarily including the procurement of raw materials from related parties, sales of products, and the provision or receipt of services. The company stated that these daily related transactions occur out of normal operational needs and contribute to the continuous development of the company's Business. GTJA and HAITONG SEC, as co-sponsors, conducted a verification of this related transaction matter and issued relevant opinions.Show More

HUA HONG SEMI Limited announced adjustments to the annual cap amount for daily related transactions with HUA HONG Group for 2024, as well as the expected daily related transaction quotas for 2025. The company has completed the necessary review procedures for this matter and obtained verification opinions from the sponsoring Institutions.The adjustments and expectations involve related transactions primarily including the procurement of raw materials from related parties, sales of products, and the provision or receipt of services. The company stated that these daily related transactions occur out of normal operational needs and contribute to the continuous development of the company's Business. GTJA and HAITONG SEC, as co-sponsors, conducted a verification of this related transaction matter and issued relevant opinions.The company emphasized that the relevant related transactions will follow the principles of fairness and justice, conducted at market prices, and will not harm the interests of the company and Shareholders. This adjustment and expectation aim to ensure the smooth conduct of the company's daily operations while also reflecting the company's expectations for future Business development.