SMIC: Planning to Purchase 49% Stake in SMIC North, Continues to Suspend Trading - Chip

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SMIC: Planning to Purchase 49% Stake in SMIC North, Continues to Suspend Trading

2025-09-05 / Read about 0 minute

Author：小编

SMIC announced in a public notice that it plans to acquire a 49% stake in its controlled subsidiary, SMIC North Integrated Circuit Manufacturing (Beijing) Co., Ltd., through the issuance of A-shares. The company has applied for a suspension of trading starting from September 1. Currently, all parties are actively advancing the relevant work for the transaction and engaging in communication and negotiation regarding the transaction plan. Given the uncertainties surrounding the matter, the company's A-share stock will continue to be suspended from trading.

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