SMIC: Announces Share Issuance Plan to Acquire 49% Stake in SMIC Northern, Alongside Resumption of Stock Trading
1 day ago / Read about 0 minute
Author:小编   

On the evening of September 8, 2025, SMIC made an announcement revealing its intention to issue shares to a consortium of investors, including the National Integrated Circuit Industry Investment Fund Co., Ltd., Beijing Integrated Circuit Manufacturing and Equipment Equity Investment Center (a limited partnership), Beijing Yizhuang International Investment and Development Co., Ltd., Zhongguancun Development Group Co., Ltd., and Beijing Industrial Development Investment Management Co., Ltd. The purpose of this share issuance is to acquire a combined 49% stake in SMIC Northern Integrated Circuit Manufacturing (Beijing) Co., Ltd., which is currently held by these aforementioned entities. Notably, the trading of the company's A-share stock had been suspended since September 1, 2025. However, following the company's formal application, it has been confirmed that the A-share stock will recommence trading at the market's opening on September 9, 2025 (Tuesday).

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