Core Viewpoint - The National Integrated Circuit Industry Investment Fund has increased its stake in SMIC from 4.79% to 9.25% as of December 29, 2022, indicating a significant investment in the semiconductor sector [1][3]. Group 1: Shareholding Changes - The National Integrated Circuit Fund's shareholding in SMIC increased to 9.25% from 4.79% [1]. - Prior to this increase, SMIC announced that the National Integrated Circuit Fund's stake would exceed 5% [2]. - Following a new joint venture agreement, the National Integrated Circuit Fund's stake was diluted from 14.562% to 9.392% due to new investments from other funds [3]. Group 2: Capital Increase Details - SMIC's capital increase amounted to $7.778 billion, with $3.577 billion allocated to registered capital and $4.2007 billion to capital reserves [3][4]. - The National Integrated Circuit Fund's third phase contributed $1.832 billion to this capital increase [3][4]. - New shareholders include the National Integrated Circuit Fund Phase III, Taixin Dingji, and the Leading Integrated Circuit Fund, holding 8.361%, 5.545%, and 1.063% respectively [3]. Group 3: Market Reaction - Following the announcement, SMIC's H-shares opened higher and closed up by 5.11%, reaching HKD 75.1 per share [4].

Core Viewpoint - The National Integrated Circuit Industry Investment Fund has significantly increased its stake in SMIC, raising its ownership from 4.79% to 9.25% as of December 29, 2025, indicating strong support for the semiconductor sector amid a global recovery cycle [1][2][4]. Group 1: Stake Increase - The National Integrated Circuit Fund's stake in SMIC increased from approximately 3.83 billion shares (4.79%) to about 7.40 billion shares (9.25%) following a recent transaction [4][2]. - The transaction involves SMIC issuing shares to acquire a 49% stake in SMIC North, valued at 406.01 billion CNY, with an issuance price of 74.20 CNY per share, totaling approximately 547 million shares [3][5]. Group 2: Market Performance - The Hong Kong semiconductor stocks experienced a significant surge, with Huahong Semiconductor rising over 9% and SMIC increasing by more than 5% on the same day [1][6]. - Analysts predict that the global semiconductor cycle is at a turning point, supported by domestic policies and funding, which could lead to a recovery in both performance and valuation for leading manufacturers like SMIC [6][1]. Group 3: Future Outlook - Global semiconductor revenue is expected to grow by 30% year-on-year by 2026, surpassing 1 trillion USD, driven by increasing demand for AI and computing power [7]. - The Hong Kong stock market is anticipated to enter a second round of valuation recovery, with significant inflows from southbound funds projected between 630 billion to 1.05 trillion HKD in 2026 [7][6].

Group 1 - The National Integrated Circuit Industry Investment Fund increased its stake in SMIC's H-shares from 4.79% to 9.25% as of December 29, 2025 [1] - The investment amount for SMIC's new capital increase is approximately $77.78 billion, with $35.773 billion allocated to registered capital and $42.007 billion to capital reserves [3][4] - The new shareholders include the National Integrated Circuit Fund Phase III, Taixin Dingji, and the Leading Integrated Circuit Fund, holding 8.361%, 5.545%, and 1.063% respectively [3] Group 2 - SMIC is a leading integrated circuit foundry company in the world, primarily providing 8-inch and 12-inch wafer foundry and technology services [4] - As of January 2, 2026, SMIC's H-shares closed at HKD 75.1, reflecting a 5.11% increase [4][6] - The A-shares of SMIC reported at CNY 122.83 with a decline of 1.96% on December 31, 2025 [6][7]

Group 1 - The National Integrated Circuit Fund increased its stake in SMIC's H-shares from 4.79% to 9.25% as of December 29, 2025 [2] - SMIC announced a new joint venture and capital increase agreement with the National Integrated Circuit Fund, with a total capital increase amounting to $77.78 billion, of which $35.773 billion will be added to registered capital and $42.007 billion to capital reserves [2] - The National Integrated Circuit Fund Phase III will contribute $18.32 billion to the capital increase [4] Group 2 - New shareholders include the National Integrated Circuit Fund Phase III, Taixin Dingji, and the Pioneer Integrated Circuit Fund, holding 8.361%, 5.545%, and 1.063% respectively [3] - The stakes of the first and second phases of the National Integrated Circuit Fund will be diluted due to the capital increase, with Phase I decreasing from 14.562% to 9.392% and Phase II from 23.077% to 14.885% [3] - SMIC is a leading global integrated circuit foundry and a leader in China's integrated circuit manufacturing industry, providing 8-inch and 12-inch wafer foundry and technology services [4] Group 3 - On January 2, 2026, SMIC's H-shares opened higher, closing up 5.11% at HKD 75.1 per share [4] - As of December 31, 2025, SMIC's A-shares were priced at RMB 122.83 per share, with a decline of 1.96% on that day [5]

Core Viewpoint - The National Integrated Circuit Fund has increased its stake in SMIC's H shares from 4.79% to 9.25% as of December 29, 2025, indicating a significant investment in the semiconductor industry [1]. Group 1: Investment Details - The National Integrated Circuit Fund's investment in SMIC Southern amounts to approximately $7.778 billion (around 54.3 billion RMB), with $3.577 billion allocated to registered capital and $4.2007 billion to capital reserves [1]. - New shareholders include the National Integrated Circuit Fund Phase III, Taixin Dingji, and the Pioneer Integrated Circuit Fund, holding 8.361%, 5.545%, and 1.063% respectively [2]. - The dilution of shares for the first and second phases of the National Integrated Circuit Fund results in a decrease from 14.562% to 9.392% and from 23.077% to 14.885% respectively [2]. Group 2: Market Performance - On January 2, 2026, SMIC's H shares opened high and closed up by 5.11%, reaching HKD 75.1 per share [4]. - As of December 31, 2025, SMIC's A shares were reported at RMB 122.83 per share, with a decline of 1.96% on that day [6]. Group 3: Company Overview - SMIC is recognized as a leading integrated circuit foundry globally and a key player in China's semiconductor manufacturing sector, providing 8-inch and 12-inch wafer foundry and technology services [3].

Group 1 - The National Integrated Circuit Industry Investment Fund Co., Ltd. increased its stake in SMIC's H-shares from 4.79% to 9.25% as of December 29 [1]

香港交易所信息显示 ，国家集 成电路产业投资基金股份有限公司在中芯国际H股的持股比例于12月29日 从4.79%升至9.25%。 ...

Core Viewpoint - The National Integrated Circuit Industry Investment Fund Co., Ltd. has increased its stake in SMIC's H-shares from 4.79% to 9.25% as of December 29 [1] Company Summary - The National Integrated Circuit Industry Investment Fund Co., Ltd. now holds a 9.25% stake in SMIC, indicating a significant increase in investment interest [1] - The previous holding was 4.79%, showing an increase of 4.46 percentage points [1]

Core Viewpoint - Semiconductor Manufacturing International Corporation (SMIC) announced the acquisition of a 49% stake in SMIC North by issuing shares to the National Integrated Circuit Industry Investment Fund Co., Ltd. and other parties, resulting in a significant increase in shareholding percentages for the fund [1] Group 1: Shareholding Changes - Following the equity change, the National Integrated Circuit Industry Investment Fund and its concerted party, Xinxin (Hong Kong) Investment Co., Ltd., increased their total shareholding from 382,902,023 shares to 740,245,419 shares, raising their ownership percentage from 4.79% to 8.66% [1] - The National Integrated Circuit Fund acquired an additional 357,343,396 shares of ordinary shares, which represents 4.18% of the total share capital of the company [1] Group 2: Transaction Details - The transaction amount for the acquisition was 40.601 billion yuan [1] - The National Integrated Circuit Fund has committed not to transfer the shares obtained from this transaction for a period of 12 months following the issuance [1] Group 3: Control and Future Plans - This equity change did not result in a change of the company's controlling shareholder or actual controller [1] - The information disclosure obligor and its concerted parties do not plan to increase their shareholding in the company over the next 12 months [1]

登录新浪财经APP 搜索【信披】查看更多考评等级 截至本报告书签署日，信息披露义务人及其一致行动人最近一年及一期与上市公司之间不存在重大交易 情况。 六、信息披露义务人未来与上市公司之间的其他安排 截至本报告书签署日，信息披露义务人及其一致行动人不存在未来与上市公司之间的其他安排。 七、用于认购上市公司股份的非现金资产状况 本次交易过程中，上市公司拟向等5名交易对方以发行股份的方式收购中芯北方49%股权，本次交易标 的资产的交易价格为4,060,091.00万元。中芯北方相关情况如下： （一）基本情况 ■ （二）最近两年一期经审计的财务数据 中芯北方最近两年一期经审计的财务数据如下： ■ （三）资产评估情况 本次交易中，标的资产的评估基准日为2025年8月31日，评估对象为中芯北方股东全部权益。标的资产 的交易价格以符合《证券法》规定的资产评估机构出具的评估报告的评估结果为基础，由交易各方协商 确定。 单位：万元 根据上海东洲资产评估有限公司出具的《资产评估报告》（"东洲评报字[2025]第3160号"），以2025年 8月31日为评估基准日，评估机构采用资产基础法和市场法对中芯北方股东全部权益价值进行评估， ...