Zhi Tong Cai Jing·2025-11-28 10:52Core Viewpoint - Semiconductor Manufacturing International Corporation (SMIC) announced the termination of a transaction involving the sale of 94.366% equity 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 Micro to sell the equity [1] - The transaction included the 14.832% equity held by SMIC Holdings in SMIC Ningbo [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 - On November 28, 2025, the parties signed a termination agreement for the asset purchase agreement [1] - After the termination of the transaction, SMIC Holdings retains its 14.832% equity stake in SMIC Ningbo [1]