华虹集团是一家拥有先进芯片制造主流工艺技术的国有“8+12”英寸集成电路制造产业集团，旗下业务包括集成电路制造、电子元器件分销、智能化系统应用等板块，集团现有员工人数超12000人。① Today, the Shanghai Municipal People's Government issued a notice indicating that Zhang Suxin has been removed from the position of Chairman of HUA HONG Group, and Qin Jian, Chairman of Shanghai Lianhe Investment, will take over; ② Zhang Suxin is currently 60 years old, during the 8 years of service at HUA HONG Group, the 12-inch production line of HUA HONG SEMI was completed and went into production, and the group has surpassed 10,000 employees.
According to the Star Daily on December 20 (Reporter Guo Hui), HUA HONG Group has undergone a leadership change.
Today (December 20), the Shanghai Municipal People's Government issued a notice on the appointment and removal of officials including Qin Jian, indicating that Zhang Suxin has been removed from the position of Chairman of Shanghai HUA HONG (Group) Co., Ltd. (hereinafter referred to as 'HUA HONG Group'), and Qin Jian will serve as the new Chairman of HUA HONG Group.
HUA HONG Group is a state-owned integrated circuit manufacturing industrial group with advanced chip manufacturing mainstream process technology, whose businesses include integrated circuit manufacturing, Electronic Component distribution, and Asia Vets system applications, with over 12,000 employees in the group.
The core wafer foundry enterprise of HUA HONG Group, HUA HONG SEMI, was listed on the Hong Kong Stock Exchange and A-shares Star in 2014 and 2023 respectively. HUA HONG SEMI's latest total market value on A-shares reached 84.7 billion yuan.
Public information shows that Zhang Suxin was born in 1964 and is currently 60 years old. After stepping down as Chairman of HUA HONG Group, it is unclear whether Zhang Suxin will also cease to serve as Chairman and Executive Director of HUA HONG SEMI, and HUA HONG SEMI has not commented on this. Previously, Zhang Suxin held the positions of Chairman of several companies within HUA HONG Group, including HUA LI Micro, HUA LI Ji, and HUA HONG International.
Zhang Suxin's resume shows that he has held positions such as President of Shanghai Turbine Co., Executive Vice President of Shanghai Electric Group, Chairman of Shanghai Siemens Gas Turbine Components Co., Executive Director of Shanghai Electric Group Co., Vice President of Shanghai Electric (Group) Corporation, Secretary and General Manager of Shanghai Jinqiao (Group) Co., Chairman and Secretary of the Party Committee of Shanghai Jinqiao Export Processing Zone Development Co., Deputy Director of the Shanghai Municipal Development and Reform Commission, and Deputy Director of the Shanghai Zhangjiang High-tech Industrial Development Zone Management Committee.
Zhang Suxin was appointed as the Secretary of the Party Committee and Chairman of HUA HONG Group in 2016. During Zhang Suxin's 8-year term of office, the sixth and seventh plants of HUA HONG were successively started, and the two plants' 12-inch advanced production lines were successively completed and went into production. HUA HONG's manufacturing business also first expanded beyond Shanghai to Wuxi, with the number of employees in the group exceeding 10,000, and HUA HONG SEMI successfully listed on the Star in 2023.
Zhang Suxin's most recent public appearance was on December 10th of this year at the completion and production launch ceremony of HUA HONG SEMI's 12-inch production line at the integrated circuit R&D and manufacturing base in Wuxi. She led the production line launch and gave a speech. At that time, she stated, "Integrated circuits are a marathon without an endpoint, and HUA HONG Group will contribute HUA HONG's strength and demonstrate HUA HONG's commitment to building a new landscape for the development of China's integrated circuit industry and accelerating the development of new production capacity."
The new Chairman of HUA HONG Group, Qin Jian, previously served as the Party Secretary, Chairman, and General Manager of Shanghai United Investment Co., Ltd., Party Secretary and Chairman of Shanghai Information Investment Co., Ltd., President of Shanghai Huayi (Group) Company, and Deputy Secretary of the Songjiang District Committee and District Mayor of Shanghai.
Shanghai United Investment, where Qin Jian previously worked, was established in September 1994 and is a wholly state-owned limited company approved by the Shanghai Municipal People's Government. Listed companies including HUA HONG SEMI, Hehui Optoelectronics, and United Imaging Medical have all been investment projects of Shanghai United Investment.
Within three years from the date of HUA HONG's listing on the Star, in accordance with national strategic deployment arrangements and after fulfilling the approval procedures of government authorities, HUA HONG Group will inject Huali Micro into HUA HONG SEMI.
The future development strategy of HUA HONG SEMI indicates that HUA HONG will adhere to a development strategy of "8-inch + 12-inch" in the future, while under the integrated strategy layout of Greater HUA HONG, achieving flexible sharing of production capacity and iterative upgrades of technology in Shanghai and Wuxi, improving platform capabilities, accelerating the introduction of new products, and better serving the needs of economic and social development. In addition, HUA HONG SEMI is also actively developing the ecological chain to serve national strategies, promoting the collaborative development of the industry chain with end application companies and chip design clients, and establishing a sustainable industrial ecosystem.
