智通财经网·2025-08-28 16:53Core Viewpoint - Semiconductor Manufacturing International Corporation (SMIC) anticipates that the impact of domestic and international policy changes will lead to increased inventory stocking and supply assurance for customers, expected to continue until the third quarter of 2025, with a slowdown in urgent orders and shipments in the fourth quarter due to seasonal trends [1] Group 1 - The company expects the current situation of increased inventory stocking and supply assurance to persist until Q3 2025 [1] - The fourth quarter is traditionally a slow season for the industry, leading to a relative slowdown in urgent orders and shipments [1] - Despite the anticipated slowdown, the overall capacity utilization rate of the company is not expected to be significantly affected due to a supply-demand imbalance [1] Group 2 - The company aims to exceed the average performance of comparable peers for the entire year, assuming no major changes in the external environment [1]