HUAQIN TECHNOLOGY LTD AHuaqin Technology's subsidiary spent HK$65.77 million to buy Nexchip H-shares, increasing its stake to 10.91%, and the company reported strong Q1 2026 revenue and profit.
Huaqin Technology's wholly owned subsidiary Huaqin Communications acquired a total of 2 million H-shares of Nexchip through the Hong Kong Stock Exchange, representing approximately 0.09% of Nexchip's total issued share capital, for a total consideration of HK$65.77 million, or about HK$32.95 per share. After the acquisition, Huaqin Technology's shareholding in Nexchip increased to approximately 10.91%. In the first quarter of 2026, Huaqin Technology achieved revenue of 40.746 billion yuan and net profit attributable to the parent company of 1.061 billion yuan.
HUAQIN TECHNOLOGY LTD AHuaqin Technology's subsidiary spent HK$65.77 million to buy Nexchip H-shares, increasing its stake to 10.91%, and the company reported strong Q1 2026 revenue and profit.
Nexchip Semiconductor Corp. ANexchip's H-shares were acquired by Huaqin Technology at HK$32.95 per share, indicating confidence and providing a price benchmark.
Union Semiconductor (Hefei) Co. Ltd. A