Zhao Haijun, CEO of SMIC: The off-season in the fourth quarter is not light, and the production line continues to be fully loaded.

At today's third quarter performance briefing, the Co-CEO of SMIC, Zhao Haijun, mentioned that although the fourth quarter is traditionally a slow season and customer stockpiling has slowed down, the continuous effect of industrial chain switching and iteration has kept the season from being slow. Therefore, the company's revenue guidance for the fourth quarter is flat to a 2% increase compared to the previous quarter; overall production lines continue to operate at full capacity; gross margin guidance is between 18% and 20%, remaining the same as the third quarter guidance. Based on this forecast, the company's annual sales revenue is expected to exceed 9 billion US dollars, reaching a new milestone in revenue scale.