SMIC plans to go public on the Hong Kong Stock Exchange, the company responds

The staff of the Microsemi Securities Department responded that the listing of H shares is beneficial for the company to expand its overseas market. "Only by 'going out' can we be seen by the outside world, which is advantageous for business development." In addition, through the listing of H shares to raise funds, it will also provide support for the company's future research and development and operation. In the long run, it has positive significance for the development of the company.