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SMIC Updates Audit Committee Charter to Strengthen Financial Oversight

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SMIC Updates Audit Committee Charter to Strengthen Financial Oversight

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The latest announcement is out from Semiconductor Manufacturing International ( (HK:0981) ).

Semiconductor Manufacturing International Corporation has updated its Audit Committee Charter, emphasizing the committee’s role in supervising the company’s financial reporting, internal audit, and risk management systems. The revised charter outlines the composition and responsibilities of the committee, including the requirement for independent non-executive directors with financial expertise, and highlights the importance of maintaining auditor independence and effective audit processes.

The most recent analyst rating on (HK:0981) stock is a Hold with a HK$75.00 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, focusing on the manufacturing of integrated circuits and related services. The company is listed on the Stock Exchange of Hong Kong and the Science and Technology Innovation Board of the Shanghai Stock Exchange.

Average Trading Volume: 129,990,416

Technical Sentiment Signal: Buy

Current Market Cap: HK$700.7B

For an in-depth examination of 0981 stock, go to TipRanks’ Overview page.

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