Shen Zhen Shang Bao·2025-09-09 23:18Core Viewpoint - SMIC's stock price dropped significantly after the announcement of a major acquisition, impacting the semiconductor sector overall [1] Group 1: Stock Performance - On September 9, SMIC's stock opened down 11.12% and closed at 102.99 CNY per share, a decrease of 10.26% [1] - The trading volume reached 16.48 billion CNY, with a total market capitalization of 822.607 billion CNY [1] Group 2: Acquisition Details - SMIC announced plans to acquire 49% of the shares of North Integrated Circuit Manufacturing (Beijing) Co., Ltd. from several investment entities through a share issuance at a price of 74.20 CNY per share [1] - Upon completion of the transaction, SMIC will own 100% of North Integrated, which will become a wholly-owned subsidiary [1] Group 3: Financial Impact - North Integrated is projected to generate 12.979 billion CNY in revenue and 1.682 billion CNY in net profit for the year 2024 [1] - Following the acquisition, SMIC's net profit is expected to increase significantly as its ownership stake rises from 51% to 100% [1] Group 4: Business Operations - North Integrated primarily provides 12-inch integrated circuit wafer foundry services and related support to its clients [1]