SMIC International: The issuance of shares to purchase assets has been approved by the M&A Review Committee of the Shanghai Stock Exchange.

SMIC International announced that the company plans to issue shares to the National Integrated Circuit Industry Investment Fund and other parties to purchase a 49% stake in SMIC Northern Integrated Circuit Manufacturing Co., Ltd. This matter has been approved by the M&A Review Committee of the Shanghai Stock Exchange and still needs approval from the Securities Regulatory Commission before it can be implemented.