Company’s production and operation currently normal: SMIC

In response to the question of “whether the Shanghai epidemic has an impact on the company’s production and operation”, SMIC stated on the interactive platform that the company conscientiously implements the national and local government’s decision-making and deployment on epidemic prevention and control.

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With the support of various government departments and the company’s efforts, the company’s production and operation are currently normal.

Moreover, SMIC also pointed out that the company will pay close attention to the dynamics of the epidemic and make every effort to do a good job in epidemic prevention and anti-epidemic work.

Previously, Shanghai issued the “Notice on Doing a New Round of Nucleic Acid Screening in the City” on the 27th. From March 28th, a new round of dicing and grid nucleic acid screening will be carried out across the city.

Furthermore, business data shows that from January to February 2022, SMIC achieved operating income of about US$1.223 billion, a year-on-year increase of 59.1%; realized a net profit attributable to shareholders of listed companies of 3.09 About US$1.953 billion a year-on-year increase of 94.9%.

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