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Is SMIC a foreign-funded enterprise?

SMIC is not a foreign-funded enterprise.

SMIC International Integrated Circuit Manufacturing Co., Ltd. is the largest and most advanced integrated circuit chip manufacturing enterprise in China. The main business is to manufacture integrated circuit chips for customers according to their own or third-party integrated circuit designs.

SMIC is a purely commercial integrated circuit foundry, providing process design and manufacturing services from .35 micron to 14 nm. Won the best semiconductor factory award in 23 issued by Semiconductor International magazine.

Extended information:

In June, 22, SMIC (hereinafter referred to as "SMIC") submitted a declaration and applied for listing in science and technology innovation board. This also means that, one month after the "official announcement" returned to A, SMIC took a substantial step in this listing trip.

this sponsorship lineup is also quite spectacular. In addition to Haitong Securities and CICC as joint sponsors and lead underwriters, there are also four brokers, namely Guotai Junan Securities, CITIC Jiantou Securities, CDB Securities and Morgan Stanley Huaxin Securities, as joint lead underwriters of SMIC.

according to the declaration, the number of shares issued by the company at this initial time does not exceed 1.686 billion shares, which does not exceed 25% of the total number of shares after the initial issuance; In the issue of shares, the sponsor institution can also over-allocate the shares to investors for no more than 15% of the initial number of RMB shares issued.

affected by this news, the share price of SMIC, a Hong Kong stock, rose well, from less than HK$ 17 before the disclosure of the declaration to HK$ 19.7 at the close of June 5, with an increase of over 1% and a total market value of HK$ 18.99 billion.

Baidu Encyclopedia-SMIC

People's Daily Online-SMIC will be the new "fundraising king" in science and technology innovation board soon.