SMIC issued a statement about foreign media reports that the U.S. government is considering blacklisting companies for trade.

SEPT 4 (Reuters) – U.S. government authorities are considering blacklisting SMIC, Chinese mainland’s largest chipmaker, on its trade blacklist, Reuters and other media reported. In this regard, our company solemnly declares that SMIC, as an integrated circuit manufacturing enterprise with international operations listed on the Hong Kong Stock Exchange and Chinese mainlandA shares at the same time, strictly abides by the laws and regulations of the relevant countries and regions, and has been operating legally and in accordance with the regulations on this basis;

And with a number of U.S. and internationally renowned semiconductor equipment suppliers, to establish good relations of cooperation for many years, the U.S. Department of Commerce for many years for SMIC imports of equipment, has also issued a number of important export licenses.

At the same time, since its inception, SMIC has been an important member of the global semiconductor supply chain, with customers in the United States, Europe and Chinese mainland and other parts of the world, and its products and services are used for civilian and commercial purposes, without any business practices involving military applications and have nothing to do with the Chinese military; And there have been a number of U.S. Department of Commerce officials on the ground to SMIC to visit.

We are therefore shocked and puzzled that any reports of SMIC involvement are false news. SMIC is willing to communicate with relevant U.S. government departments in a sincere, open and transparent manner to resolve possible differences and misunderstandings.

I he would like to make this statement!

SMIC Integrated Circuit Manufacturing Co., Ltd.

September 5, 2020.

SMIC issued a statement aboutmedia reports that the U.S. government is considering blacklisting companies for trade.