Core Viewpoint - Semiconductor Manufacturing International Corporation (SMIC) announced the termination of a transaction involving the sale of a 94.366% stake in its subsidiary, SMIC Ningbo, to Hunan Guoke Microelectronics Co., Ltd. [1] Group 1: Transaction Details - SMIC's wholly-owned subsidiary, SMIC Holdings, and other shareholders of SMIC Ningbo signed an agreement with Guoke Microelectronics to sell the stake [1] - The transaction included a cash payment and share issuance by Guoke Microelectronics [1] - Following the announcement, the parties involved actively worked towards completing the transaction, but ultimately decided to terminate it due to an inability to reach consensus on related matters [1] Group 2: Post-Transaction Status - As of November 28, 2025, the parties signed a termination agreement, and SMIC Holdings retains a 14.832% stake in SMIC Ningbo after the transaction's cancellation [1]
中芯国际终止出售参股公司中芯宁波股权