On August 13, SMIC (00981.HK) disclosed that it forecasts a 2% to 4% sequential increase in revenue for the third quarter, alongside an anticipated gross margin ranging from 26% to 28%. As we look towards the latter half of the year, the industrial momentum spurred by artificial intelligence, along with its spillover effects, is set to persist, fueling widespread demand for integrated circuit manufacturing. To address this, the company is adeptly managing its current production capabilities and swiftly validating new capacities, thereby contributing to the easing of supply chain constraints. On the whole, the company maintains a positive outlook on both the industry's trajectory and its own growth prospects.