SSE accepts applications for SMIC listing on STAR Market

2020-06-01
|
ChinaTech

On June 1, the Shanghai Stock Exchange accepted the application for the listing of Semiconductor Manufacturing International Corporation on the Science and Technology Board (STAR Market).


On May 15, SMIC announced on the Hong Kong Stock Exchange that SMIC and the National Integrated Circuit Industry Investment Fund and other parties have entered into new joint venture contracts and new capital expansion agreements.


According to the agreement, National Integrated Circuit Industry Investment Fund II and Shanghai Integrated Circuit Fund II (as new shareholders of Semiconductor Manufacturing South China Corp) agreed to inject US $ 1.5 billion and US $ 750 million into SMIC ’s registered capital, respectively, and SMIC ’s registered capital will increase from US $ 3.5 billion To $ 6.5 billion.


Semiconductor Manufacturing South China Corp has established huge production capacity, and focuses on processes and manufacturing technologies of 14 nanometers and below.


SMIC has reached a monthly production capacity of 6,000 14-nanometer wafers, and its goal is to achieve a monthly production capacity of 35,000 14-nanometer wafers and below.


Public information shows that SMIC is headquartered in Shanghai and has a global manufacturing and service base.


It has one 300mm fab and one 200mm fab in Shanghai, as well as a 300mm advanced process fab.


The company has one 300mm fab and one holding 300mm advanced process fab in Beijing.


It has one 200mm fab in Tianjin and Shenzhen individually; a 300mm bump processing joint venture in Jiangyin City.



RELATED ARTICLES

Shanghai will continue to build global asset management center: official
2020-08-23
|
Shanghai City , Finance , Asset management , Policy

More than half of 1,100 A-share listed companies achieved steady growth
2020-08-23
|
Capital market , Semiconductor , Medical care

China's revised budget law implementation regulations will come into effect on October 1
2020-08-21
|
Regulation , Policy

WM Motor vies to be first listed new energy carmaker in STAR Market after D round financing
2020-08-19
|
New energy , Automobile , IPO , PEVC

Leading charger producer Aohai Technology listed in SME Board
2020-08-18
|
Energy , Power , Capital market

Hebei to build eight clusters of automobile industrial chains
2020-08-18
|
Automobile , Hebei Province , Policy

CancerProbe closes RMB100m Series B round
2020-07-14
|
Medical care , PEVC

17zhiliao.com closes Sereis A+ strategic financing by YLZ Information Technology
2020-05-29
|
PEVC , Employment

CSRC seeks opinions on guidelines on documents for STAR Market listings
2020-05-28
|
Capital market , Refinancing

CSRC to improve issuance and underwriting system of STAR Market
2020-05-22
|
Capital market , Policy
China SDG