SMIC International (688981.SH): Planning to issue A-shares to purchase the minority equity of its subsidiary SMIC North. Stock trading has been suspended.

Finance and Economics APP News, Zhixun, SMIC International (688981.SH) announced that the company is planning to purchase 49% of the equity of its holding subsidiary, SMIC North Integrated Circuit Manufacturing (Beijing) Co., Ltd. ("SMIC North"), by issuing Renminbi common stock (A shares) ("this transaction"). This transaction is expected to not constitute a major asset restructuring, not constitute a restructuring listing, but constitute a related party transaction.