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SMIC International: The Shanghai Stock Exchange Mergers and Acquisitions Restructuring Review Committee is scheduled to hold a review meeting on May 11 to discuss the company's issuance of shares to purchase assets and related-party transactions.
SMIC International announced that the company plans to issue shares to China 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. According to the “Announcement of the 5th Merger and Acquisition Review Meeting of the Shanghai Stock Exchange in 2026” published on the official website of the Shanghai Stock Exchange, the SSE Merger and Acquisition Review Committee is scheduled to hold the 5th review meeting of 2026 on May 11, 2026, to review the company’s issuance of shares to purchase assets and related-party transactions.