According to the data, SMIC used to be listed in the United States + Hong Kong, but it left the U.S. market in May last year. Now, applying for domestic listing will become a (Science and technology innovation) + H-share model.
According to the information released earlier, SMIC will issue 1.686 billion shares at a price of about 12 yuan, of which 40% of the raised funds will be invested in the production project of 14 nm process made in Shanghai.
It is reported that the capacity of 14 nm of SMIC was relatively small at the end of last year. This year, we will focus on the construction of 14 nm capacity, which will reach 4K wafer / month in March, 9K wafer / month in July and 15K wafer / month in December. In 2020, we will achieve the goal of 50% full capacity of SN1 project.
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