SMIC share-buy deal for 49% stake in SMIC North China wins Shanghai exchange approval

PUBT·05/11/2026 12:52:43

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SMIC plans to issue shares to buy 49% of SMIC Northern Integrated Circuit Manufacturing (Beijing) from a group of state-backed investors, including China’s National Integrated Circuit Industry Investment Fund.
Shanghai Stock Exchange M&A review committee cleared the deal on May 11, finding it met restructuring conditions and disclosure requirements.
Closing remains subject to China Securities Regulatory Commission registration.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SMIC - Semiconductor Manufacturing International Corporation published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260511-12155365), on May 11, 2026, and is solely responsible for the information contained therein.

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