Hua Hong Grace Semiconductor (HKG:1347) proposed raising its 2026 annual cap for sales to connected parties to $120 million from $90 million, citing additional transactions following its acquisition of Huali Micro.
The semiconductor company also proposed a 2026 annual cap of 27 million yuan for equipment leasing between Huali MC and Huali Micro, according to a Wednesday Hong Kong bourse filing.
Shares of Hua Hong Grace fell over 2% in Thursday's trade.
The equipment lease became effective on Oct. 1.
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