SMIC's revenue in the second quarter exceeded 1.9 billion US dollars, and a number of personnel changes occurred.

Text/Yan Xiaohan

On August 11, SMIC released the second quarter of 2022. In the second quarter of this year, its $ 1.903 billion sales revenue increased by 41.6%year -on -year; the operating profit of $ 539 million, a year -on -year increase of 0.3%. In addition, SMIC's gross profit in the current period reached US $ 751 million, an increase of 85.3%year -on -year; gross profit margin was 39.4%, compared with 30.1%in the same period last year.

SMIC said that in the second quarter of this year, shipments and average sales unit prices increased slightly. The capacity utilization rate is 97.1%. Due to the control of the flow of personnel, some factories have not been performed in the second quarter, making the overall impact of the epidemic on the output lower than expected.

The financial report gave a guide in the third quarter performance that the company's expected sales revenue was flat to 2%month -on -month, and the gross profit margin was between 38%and 40%.

According to the financial report, in the first half of this year, SMIC's total capital expenditure was 2.5 billion US dollars, an increase of 8 inches 53,000 pieces of monthly production capacity. The progress was in line with expectations. The new plant project was also promoted as planned.

SMIC said: "At present, this round of cycle adjustment will continue until the first half of next year, but it is certain that the growth of the integrated circuit industry and the trend of global regionalization are unchanged. Long -term logic is unchanged, and we are still confident in the company's medium and long -term growth. "

On the same day, SMIC issued public affairs changes, and all took effect on August 11 this year. The change includes that in order to focus on fulfilling its duties as the company's co -CEO of the company, Zhao Haijun resigned as the company's executive director, but he will continue to serve as the company's joint chief executive officer. William Tudor Brown resigned as the company's independent non -executive director, chairman of the board of directors, members of the audit committee, member of the Nomination Committee, and members of the Strategic Committee due to other work arrangements.

In addition, SMIC is appointed as the first type of independent non -executive director, a member of the Board of Directors, and a member of the Strategic Committee.

Edit: Huang Xingli

- END -