SMIC: Will consider whether to repurchase shares based on capital market developments and company operations

Breakings ·  Feb 21 22:34
SMIC said on an interactive platform that there are differences in the liquidity and investment preferences of the two capital markets. It is common for stocks to have price differences between the two markets, and the company continues to pay attention to the company's stock price performance in A-shares and Hong Kong stocks. The company has always attached great importance to safeguarding shareholders' interests and is committed to enhancing core competitiveness to enhance corporate value. The company will comprehensively consider whether to repurchase shares in accordance with relevant regulations on share repurchases, taking into account capital market dynamics, the company's operating conditions, annual funding arrangements, and capital expenditure requirements.

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