SMIC International (688981.SH): The issuance of shares to purchase assets will be reviewed on May 11th.

date
30/04/2026
News from Zhitong Finance and Economics APP, Semiconductor Manufacturing International Corporation (688981.SH) announced that the company plans to issue shares to purchase a 49% stake in Semiconductor Manufacturing Northern Integrated Circuit Manufacturing (Beijing) Co., Ltd. held by 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. According to the announcement of the Shanghai Stock Exchange Merger and Acquisition Review Committee's fifth meeting in 2026 published on the official website of the Shanghai Stock Exchange, the committee will convene the 5th Merger and Acquisition Review Committee meeting in 2026 on May 11, 2026 to review the company's issuance of shares to purchase assets and related party transactions.