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SMIC International (00981.HK) has received acceptance from the Shanghai Stock Exchange for the application documents for the issuance of shares to purchase assets and related-party transactions
SMIC International (00981.HK) announced on February 25 that SMIC Integrated Circuit Manufacturing Co., Ltd. (hereinafter referred to as “the Company”) intends to issue shares to China National Integrated Circuit Industry Investment Fund Co., Ltd., Beijing Integrated Circuit Manufacturing and Equipment Equity Investment Center (Limited Partnership), Beijing Yizhuang International Investment Development Co., Ltd., Zhongguancun Development Group Co., Ltd., and Beijing Industrial Development Investment Management Co., Ltd. to purchase a total of 49% equity of SMIC North China Integrated Circuit Manufacturing (Beijing) Co., Ltd. (hereinafter referred to as “this transaction”).
On February 25, 2026, the Company received a notice from the Shanghai Stock Exchange (hereinafter referred to as “SSE”) titled “Acceptance of the Application for the Issuance of Shares by SMIC International for Asset Purchase” (SSE Science and Technology Review (Mergers and Acquisitions) [2026] No. 7). The SSE verified the application documents submitted by the Company for the issuance of shares to purchase assets according to relevant regulations, found the documents complete and in legal form, and decided to accept the application and proceed with review in accordance with the law.