自本次交易披露以来，交易各方积极推进本次交易的各项工作。由于本次交易 相关事项无法在预计时间内达成一致，经交易各方沟通协商后决定终止本次交易。 2025 年 11 月 28 日，交易各方共同签署了《发行股份及支付现金购买资产协 议之终止协议》，本次交易终止后，中芯控股仍持有中芯宁波 14.832%的股权。 1 | A股代码：688981 | A股简称：中芯国际 | 公告编号：2025-032 | | --- | --- | --- | | 港股代码：00981 | 港股简称：中芯国际 | | 中芯国际集成电路制造有限公司 关于终止出售参股公司中芯宁波股权的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 一、交易概述 2025 年 6 月 5 日，中芯国际集成电路制造有限公司（以下简称"公司"）全资 子公司中芯国际控股有限公司（以下简称"中芯控股"）及中芯集成电路（宁波） 有限公司（以下简称"中芯宁波"）的其他部分股东，与湖南国科微电子股份有限 公司（证券代码：300672.SZ，以下简称"国科微"）共同签署了《发行股 ...

Transaction Background - The original transaction plan involved a share purchase agreement signed on June 5, 2025, between SMIC Holdings, a wholly-owned subsidiary of SMIC, and Guokewai (300672.SZ), where Guokewai intended to acquire 94.366% of the shares of SMIC Ningbo through a combination of issuing shares and cash payments [1] - SMIC Holdings was set to sell its 14.832% stake in SMIC Ningbo [1] Termination Details - The termination agreement was signed by all parties on November 28, 2025 [1] - The reason for termination was that the parties could not reach an agreement on transaction-related matters within the expected timeframe [1] - Following the termination, SMIC Holdings retains its 14.832% stake in SMIC Ningbo [1] Impact Assessment - The termination of the transaction will not affect the normal production and operations of the company [1] - There will be no significant impact on the company's financial condition as a result of this termination [1] - The termination does not harm the interests of the company or minority shareholders [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而 引致的任何損失承擔任何責任。 SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION 中 芯 國 際 集 成 電 路 製 造 有 限 公 司 * （於開曼群島註冊成立之有限公司） （股份代號：00981） 海外監管公告 本公告乃中芯國際集成電路製造有限公司（Semiconductor Manufacturing International Corporation,「本公司」）根據香港聯合交易所有限公司證券上市規則第13.10B條作出。 茲載列本公司於上海證券交易所網站刊發的《關於終止出售參股公司中芯寧波股權的公告》， 僅供參閱。 承董事會命 中芯國際集成電路製造有限公司 公司秘書 / 董事會秘書 郭光莉 中國上海，2025 年 11 月 28 日 於本公告日期，本公司董事分別為： 范仁達 劉明 吳漢明 陳信元 * 僅供識別 | A股代码：688981 | A股简称：中芯国际 | 公 ...

以最新收盘价计算，科创板平均股价为39.44元，其中股价超100元的有66只，股价最高的是寒武纪-U。 证券时报·数据宝统计显示，科创板股今日上涨的有469只，下跌的有114只，以收盘价为基准测算，科 创板平均股价为39.44元，其中，收盘价超过100元的有66只，股价在50元至100元之间的有134只，股价 在30元至50元的有153只。 融资融券方面，百元股最新（11月27日）融资余额合计927.39亿元，融资余额居前的有寒武纪-U、中芯 国际、海光信息等，最新融资余额分别为153.70亿元、133.39亿元、81.75亿元。最新融券余额合计为 3.98亿元，融券余额居前的有海光信息、寒武纪-U、中芯国际等，最新融券余额分别为0.50亿元、0.36 亿元、0.23亿元。（数据宝） 科创板百元股一览 | 代码 | 简称 | 最新收盘价（元） | 今日涨跌（%） | 换手率（%） | 行业 | | --- | --- | --- | --- | --- | --- | | 688256 | 寒武纪-U | 1331.00 | 1.04 | 1.40 | 电子 | | 688498 | 源杰科技 | 538.9 ...

Group 1 - The core viewpoint of the articles highlights the strong performance of the consumer electronics sector, particularly in the AI/AR market, which saw a significant year-on-year sales increase of 186% in Q3 2025 [1][2] - The consumer electronics ETF (561600) has shown a consistent upward trend, achieving a 1.14% increase and marking its fourth consecutive rise [1] - Major companies in the consumer electronics index, such as Longying Precision and Shunluo Electronics, have experienced notable stock price increases, with Longying Precision rising by 11.79% [1] Group 2 - CINNO Research reported that the AR market continues to grow, with sales surpassing 129,000 units, and one-piece AR glasses achieving a remarkable growth rate of 355% [1] - The top ten weighted stocks in the consumer electronics index account for 56.3% of the total index, indicating a concentration of market influence among leading firms [2] - Despite a slowdown in overall smartphone shipment growth, demand for storage chips and related materials remains strong, driven by AI-related needs [2]

11月28日，恒指高开0.25%，恒生科技指数涨0.43%。科网股多数高开，中芯国际涨近2%；有色行业续 涨，紫金矿业涨近2%；中铝国际高开6%，公司联合体中标青铜峡电解槽升级改造项目。 近两年来资本市场政策力度明显上升，且更加注重支持科技发展。金融是实体经济的血脉，而资本市场 改革的一大重要方向就是更好发挥优化资源配置、引导要素有序流动的积极作用，服务新质生产力发 展。 港股通——港股通科技ETF基金（159101） QDII——恒生科技指数ETF（513180） 在政策持续促进下，产业与市场资源不断向科技领域集聚并有明显产出。2024 年以来，中国在多个关 键科技领域实现里程碑式突破。华为昇腾芯片性能已接近国际领先水平，国产人形机器人核心部件打破 海外垄断，智能汽车产业链更是在全球市场展现出强大的竞争力。当前，中国在部分领域已实现从技术 追赶到局部领先的跨越，如科大讯飞大模型的核心能力超越国际同类产品，比亚迪电动平台技术反向输 出国际巨头。这种"压力—响应—突破"的创新范式，正在重塑全球科技竞争格局。 【相关ETF】 以大模型、机器人、智能汽车、量子计算等创新产品为代表的这一轮科技突破，离不开政策"顶层设 ...

Group 1 - The semiconductor sector showed strength on November 28, 2025, with the Shanghai Stock Exchange Sci-Tech Innovation Board Chip Index rising by 1.22% [1] - Key stocks such as Jinghe Integrated rose by 11.32%, Tuojing Technology by 6.55%, and Tianyue Advanced by 6.13% [1] - The Chinese semiconductor industry is expected to see the chip design sector exceed 1 trillion yuan by 2030, indicating strong long-term growth potential [1] Group 2 - Dongguan Securities forecasts that artificial intelligence will remain the main innovation line in the technology sector through 2026, benefiting multiple segments including computing power, storage, equipment, and advanced packaging [1] - The top ten weighted stocks in the Sci-Tech Innovation Board Chip Index account for 60.55% of the index, with major companies including Haiguang Information, Cambricon, and SMIC [1] Group 3 - The Sci-Tech Chip ETF (588200) tracks the Shanghai Stock Exchange Sci-Tech Innovation Board Chip Index, providing a convenient tool for investing in the chip sector [2] - Investors without stock accounts can access domestic chip investment opportunities through the Sci-Tech Chip ETF Linked Fund (017470) [3]

恒生指数开盘涨0.25%，恒生科技指数涨0.43%。中芯国际涨超1%。 ...

Core Viewpoint - The Hong Kong stock market is experiencing a bullish trend driven by liquidity and sentiment, with expectations for continued growth in technology stocks over the next two to three years, transitioning to a broader bull market by 2026 [2][4]. Group 1: Market Trends - The Hang Seng Index opened up by 0.25%, and the Hang Seng Tech Index rose by 0.43%, with most tech stocks, including SMIC and Alibaba, showing gains [1]. - Analysts suggest that the recent adjustments in the Hong Kong stock market are normal due to previous significant gains and tightening U.S. dollar liquidity, with historical averages indicating small pullbacks of around 7% during bull markets [2][4]. Group 2: Investment Strategies - Key investment directions include focusing on AI-driven industry trends, capacity cycle reversals, and sectors related to export and commodities amid global uncertainties [2]. - The Hong Kong market is seen as a valuation haven, with the Hang Seng Tech Index trading below historical averages, indicating substantial room for valuation recovery [4][5]. Group 3: Future Outlook - The liquidity environment is expected to remain supportive, with potential inflows from both domestic and foreign investors as the U.S. enters a rate-cutting phase [5]. - Despite short-term volatility, the underlying fundamentals of the Hong Kong market remain strong, with many institutions maintaining a positive outlook for the continuation of the bull market [4][5].

Group 1 - The global semiconductor market is entering an upward phase of the "silicon cycle," with an expected market size of $783.8 billion in 2025, representing a growth rate of 23.4% [4][5] - The demand for high-performance semiconductor products is increasing due to the requirements of large AI models, leading to a tight supply situation in the memory market [5][10] - The U.S. has surpassed China to become the largest single semiconductor product market, with a projected market size of $269.6 billion in 2025, growing by 37.5% [10][11] Group 2 - Logic chips are expected to be the fastest-growing category in the semiconductor market, with a growth rate of 41.5% by 2025, followed by memory products [11][12] - The computing and communication sectors are projected to be the two main growth markets for semiconductors, with market sizes reaching $2.483 trillion and $2.822 trillion, respectively, by 2025 [14][12] Group 3 - China maintains its position as the largest exporter and importer of integrated circuits, with trade volumes significantly increasing due to the semiconductor industry's growth [15][16] - The trade deficit between China and the U.S. is widening, with China's imports from the U.S. increasing while exports are declining [21][22] Group 4 - China leads in the number of semiconductor patents and key articles published, indicating a strong position in intellectual property within the semiconductor industry [19][22] - The top 100 influential semiconductor companies in China are primarily concentrated in the integrated circuit design sector, with a significant presence in the Yangtze River Delta region [28][32] Group 5 - The new wave of semiconductor companies in China is also concentrated in the integrated circuit design field, with a notable presence in the Yangtze River Delta region [38][43] - High-performance storage and edge AI products are expected to drive new market developments, with high-performance storage becoming a core product in AI applications [47][48]