Recent News and Information Express

•  Shenzhen Huaqiang announced on October 19 that in view of the company's controlling shareholder, Shenzhen Huaqiang Group Co., Ltd. (referred to as "Huaqiang Group"), it plans to sell its Shenzhen Jiahuixin Property Co., Ltd. (referred to as "Jiahuixin Company") 100% equity.

• In 2021, Fusion Worldwide's revenue reached US$2.499 billion, with an annual growth rate of nearly 100%, and achieved good results in the top 18 in the world and the top 7 in North America. With the blowout performance growth in 2021, Fusion Worldwide has increased the pace of global expansion.

• Recently, Huada Jiutian announced to the public that it intends to acquire 100% equity of Syndak through its wholly-owned subsidiary Shenzhen Jiutian for US$10 million in cash, and signed a relevant acquisition agreement. After the investment is completed, the target company becomes a wholly-owned subsidiary of Shenzhen Jiutian. Subsidiaries and included in the scope of the company's consolidated financial statements.

•  In the third quarter of 2022, ASML achieved net sales of 5.8 billion euros (about 41.2 billion yuan), a gross profit margin of 51.8%, and a net profit of 1.7 billion euros (about 12.1 billion yuan). The amount of new orders in the third quarter of this year hit a record high, reaching 8.9 billion euros (about 63.2 billion yuan).

• Lead times -- the time difference between chips being ordered and delivered -- averaged 26.3 weeks in September, according to Susquehanna Financial Group. Compared with the nearly 27-week waiting period in August, the waiting period was shortened by 4 days.

  Susquehanna analyst Christopher Rolland said in a research note that wait times decreased across all key product categories, with power management and analog chips seeing the largest declines