The affiliated companies of SMIC increased their registered capital this time, which also made arrangements for the next development invisibly. A registered company can be registered not only in cash, but also in intangible assets. The concept of intangible assets is that intangible assets refer to identifiable non-monetary assets owned or controlled by enterprises without physical form. Intangible assets can be divided into broad sense and narrow sense. There are many kinds of intangible assets, including monetary funds, accounts receivable, financial assets, long-term equity investment, patent rights, trademark rights and so on. Because they have no physical entity, but represent legal rights or technologies.

But in calculation, intangible assets are usually interpreted in a narrow sense, that is, patent rights and trademark rights are called intangible assets. Intangible assets are characterized by no physical form, intangible assets have no entity, are intangible and cannot be directly used by people. They are intangible assets. Assets used to produce goods or provide services, lease to others or for administrative management can provide economic benefits for enterprises in multiple accounting periods. Therefore, intangible assets are defined as long-term assets with a service life of more than one year, rather than current assets. What are the advantages of registering a company with intangible assets? That is to say, the future economic benefits provided have great uncertainty.

Some intangible assets (such as goodwill) only exist in a specific enterprise and play a role in it. It is difficult to determine the benefit period of some intangible assets, which are replaced by market competition and new technological inventions. Intangible assets can solve the investment difficulties of all monetary funds in the company, and can free up some monetary funds for the daily operation of the company or continue to develop new technologies. A legal person organization or natural person who owns intellectual property rights but does not have enough funds to operate can invest its intellectual property rights in the company through joint ventures and cooperation, so as to realize the market-oriented operation of legal persons. Owning one's own intellectual property rights and controlling the company's equity can help absolute enterprises to apply for scientific research projects or declare special funds, as well as the requirements for registered capital when bidding for foreign projects.

Registered capital can show the scale and strength of the company in foreign economic activities, enhance customers' intuitive impression of the company, capitalize the intellectual property rights of the company and help the company avoid taxes reasonably. The registered capital of a company must be expressed in currency, and non-monetary property must be converted into currency. At the same time, after the shareholder contributes capital, it must be verified by a legally established capital verification institution and issued with a certificate. The evaluation result of non-monetary assets is an important basis for capital verification institutions to issue capital verification reports. The registered capital of a company is a part of its property. When a company has a debt dispute, it needs to pay compensation with the company's property. Non-monetary attributes cannot be compensated without evaluation, and it is impossible to determine whether the actual price of non-monetary attributes is true and reliable.