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SMIC Announces AGM Agenda and Strategic Financial Decisions

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SMIC Announces AGM Agenda and Strategic Financial Decisions

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An update from Semiconductor Manufacturing International ( (HK:0981) ) is now available.

Semiconductor Manufacturing International Corporation announced its upcoming annual general meeting scheduled for June 27, 2025, in Shanghai. Key agenda items include the re-election of directors, re-appointment of auditors, and a decision not to declare dividends for 2024 due to substantial capital expenditures. Additionally, the company seeks approval for engaging in hedging activities and the issuance of additional shares, reflecting strategic moves to support its operational and developmental needs.

The most recent analyst rating on (HK:0981) stock is a Sell with a HK$32.00 price target. To see the full list of analyst forecasts on Semiconductor Manufacturing International stock, see the HK:0981 Stock Forecast page.

More about Semiconductor Manufacturing International

Semiconductor Manufacturing International Corporation is a leading company in the semiconductor industry, primarily focused on the manufacturing and sale of integrated circuits and other semiconductor services. It operates with a significant market presence in China and is incorporated in the Cayman Islands.

Average Trading Volume: 108,552,665

Current Market Cap: HK$418.4B

Learn more about 0981 stock on TipRanks’ Stock Analysis page.

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