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SMIC Enters 2025 Framework Agreement with Datang Holdings

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SMIC Enters 2025 Framework Agreement with Datang Holdings

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Semiconductor Manufacturing International ( (HK:0981) ) has provided an announcement.

Semiconductor Manufacturing International Corporation (SMIC) has entered into a new three-year framework agreement with Datang Holdings, effective from January 1, 2025, to continue their collaborative business operations, including wafer processing services. The agreement adheres to Hong Kong listing rules, with transactions classified as non-exempt continuing connected transactions, ensuring compliance with reporting and review requirements while exempting independent shareholder approval.

More about Semiconductor Manufacturing International

Semiconductor Manufacturing International Corporation is a leading semiconductor foundry that provides integrated circuit manufacturing services. It specializes in wafer processing and serves a range of industries by offering advanced technology solutions.

Average Trading Volume: 338,721

Find detailed analytics on 0981 stock on TipRanks’ Stock Analysis page.

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