SMIC's Issuance of Shares for Asset Acquisition Approved by the SSE Restructuring Committee
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Author:小编   

On May 11, 2026, the Listing Authority of Mergers and Acquisitions and Restructuring of the Shanghai Stock Exchange held the 5th deliberation meeting in 2026 to review SMIC's issuance of shares for the acquisition of assets. The results met the restructuring conditions and information disclosure requirements. SMIC plans to acquire a 49% stake in SMIC North for RMB 40.6 billion, achieving full control.