According to Zhitong Finance App News, Huahong Hongli (01347) announced that in order to revitalize existing idle assets, optimize resource allocation, and improve asset operation efficiency, the company plans to promote the holding subsidiary Huahong Semiconductor (Wuxi) Co., Ltd. to publicly list and transfer 100% of Huahong Real Estate's shares and related claims through the Shanghai Joint Property Exchange. Related claims include claims confirmed by the evaluation benchmark and additional claims after the evaluation benchmark. The initial listing price is not lower than the corresponding assessed value registered by Shanghai Huahong (Group) Co., Ltd., and the final transaction price is based on the results of the public listing transaction.

According to reports, Huahong Real Estate (Wuxi) Co., Ltd. is a wholly-owned subsidiary of Huahong Semiconductor (Wuxi) Co., Ltd., and was established for the development and construction of industrial support and talent housing projects at the Wuxi base. As of December 31, 2025, Huahong Real Estate residential commercial properties have not been sold, and the rental rate of commercial office buildings is low.

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