Sou Hu Cai Jing·2026-01-28 09:41Core Viewpoint - Semiconductor Manufacturing International Corporation (SMIC) is planning to acquire a 49% stake in SMIC North from various state-backed entities for a total consideration of 40.60091 billion RMB, which will be paid through the issuance of new shares at a price of 74.20 RMB per share [1] Group 1 - As of January 28, 2026, SMIC's stock closed at 128.55 RMB, up 3.63% from the previous trading day, with a total market capitalization of 1,028.46 billion RMB [1] - The stock opened at 124.99 RMB, reached a high of 128.99 RMB, and a low of 124.99 RMB, with a trading volume of 12.644 billion RMB and a turnover rate of 4.97% [1] - The transaction to acquire the stake in SMIC North is classified as a related party transaction and will require approval at the upcoming temporary shareholders' meeting [1] Group 2 - The independent board committee and independent financial advisor have deemed the terms of the transaction to be fair and reasonable, aligning with the overall interests of the company and its shareholders [1]