SMIC International (688981.SH) issuance of shares to purchase assets and related party transactions approved by Shanghai Stock Exchange.

China's Semiconductor International (688981.SH) issued an announcement that the company plans to issue shares to purchase a total of 49% equity of SMIC North Integrated Circuit Manufacturing (Beijing) Co., Ltd. held by National Integrated Circuit Industry Investment Fund Co., Ltd., Beijing Integrated Circuit Manufacturing and Equipment Equity Investment Center (Limited Partnership), Beijing Yizhuang International Investment Development Co., Ltd., Zhongguancun Development Group Co., Ltd., and Beijing Industrial Development Investment Management Co., Ltd. The M&A Review Committee of the Shanghai Stock Exchange held the 5th M&A Review Committee review meeting in 2026 on May 11, 2026 to review the application for this transaction. According to the announcement of the M&A Review Committee of the Shanghai Stock Exchange, the review result of this meeting is: This transaction meets the restructuring conditions and information disclosure requirements.