On June 24, SMIC announced that the new shares issued for its asset acquisition were registered on June 23. The shares are subject to a 12‑month lock‑up period before trading on the SSE.
SMIC now holds 100% of SMIC North (formerly 51%), which is expected to boost its net assets, attributable net income, and EPS.
Following the transaction, the National Integrated Circuit Industry Investment Fund (Big Fund) becomes SMIC’s third‑largest shareholder , while the IC Investment Center and E‑Town Capital also enter the top‑ten shareholder list. Datang HK and its concert party CICT saw their combined stake diluted to 13.50% .
ICgoodFind: SMIC’s full ownership of SMIC North consolidates its mature‑node capacity, backed by the Big Fund’s long‑term capital support.
