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SMIC Moves to Update Articles of Association to Meet New Governance Rules

Story Highlights
  • SMIC plans to amend its articles of association to comply with updated Chinese corporate governance and listing rules.
  • The proposed governance changes require shareholder approval at the 2026 AGM, with details to be circulated in a forthcoming notice.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SMIC Moves to Update Articles of Association to Meet New Governance Rules

Meet Samuel – Your Personal Investing Prophet

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

Semiconductor Manufacturing International Corporation has proposed amendments to its articles of association to align with updated corporate governance guidelines and listing rules in mainland China. The revisions reflect new requirements from the China Securities Regulatory Commission and the Shanghai Stock Exchange’s Science and Technology Innovation Board, taking into account the company’s specific operational circumstances.

The amendments must be approved by shareholders via a special resolution at the company’s 2026 annual general meeting before taking effect. A detailed circular outlining the proposed changes and convening the meeting will be sent to shareholders, underscoring the company’s effort to strengthen regulatory compliance and formal governance structure across its dual listings.

The most recent analyst rating on (HK:0981) stock is a Buy with a HK$87.40 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 semiconductor foundry headquartered in Shanghai and incorporated in the Cayman Islands. The company fabricates integrated circuits for global chip designers and focuses on serving customers in China and international markets through listings in Hong Kong and on Shanghai’s STAR Market.

Average Trading Volume: 71,178,187

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$741.7B

See more data about 0981 stock on TipRanks’ Stock Analysis page.

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