Summary by Moomoo AI
Hua Hong Semiconductor Co., Ltd. released the summary of its 2024 interim report on August 29, 2024. The summary shows that the company's total assets reached approximately 8.5 billion RMB during the reporting period, an increase of 11.49% compared to the end of the previous year. However, the company's revenue and net profit attributable to shareholders of the listed company decreased by 23.88% and 83.33% respectively. In addition, the proportion of R&D investment to revenue increased by 3.91 percentage points. During the reporting period, the company did not distribute profits or propose a capital plan, and the interim report was not audited. The board of directors of the company guarantees the truthfulness, accuracy, and completeness of the report and assumes corresponding legal responsibilities. The report also mentions that the company is a red-chip enterprise and does not have any special corporate governance arrangements. In terms of shareholders, Hong Kong Securities Clearing Company Limited (acting as an overseas legal person) has the highest shareholding ratio, reaching 36.80%.
