SHANGHAI, Aug. 29, 2014 /PRNewswire/ — Semiconductor Manufacturing International Corporations ("SMIC"; NYSE: SMI; SEHK: 981) the largest and most advanced foundry in Mainland China, announced today, it was selected by Hong Kong Yazhou Zhoukan Limited in the Fourth Mainland Enterprises Listed in Hong Kong Ranking Award, and won the High-Tech Enterprise Award due to its exceptional business operations and outstanding performance.
Yazhou Zhoukan Limited was founded in 1987 in Hong Kong, covering matters on economics, political and social culture, which caught the attention of the Chinese worldwide. The Mainland Enterprises Listed in Hong Kong Ranking Award selects Mainland Enterprises listed in Hong Kong that has the best performance and is recognized by the market. Yazhou Zhoukan Limited’s research department makes its decisions on the rankings based on audited data from the companies. To pick out the best performing companies from each industry, the market value, turnover and growth, net profit and net profit growth, total assets, as well as level of awareness and influence in the international capital market were all examined. SMIC has shown excellent financial performance such as 9 quarters of consecutive profit, gross profit margin, and net income. Additionally, in recent years, growth rate far exceeded industry standards, and corporate social responsibility has been fulfilled by actively carrying out environmental protection and charity work, to get into the final list and win the High-Tech Enterprise Award.
Dr. Tzu-Yin Chiu, SMIC’s Chief Executive Officer and Executive Director expressed his gratitude by saying "It is an honor that SMIC has been chosen for this year’s Mainland Enterprises Listed in Hong Kong Ranking Award by Yazhou Zhoukan Limited. The award reflects Hong Kong’s market and financial media recognition for SMIC. In the future, SMIC will continue to improve its corporate governance and profitability, as well as work towards becoming a world-class manufacturer of integrated circuits and a high-quality listed company, to create greater value for our shareholders and the society."
Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981) is one of the leading integrated circuit wafer manufacturer in the world and the largest and most advanced wafer manufacturer in mainland China. SMIC provides integrated circuit (IC) foundry and technology services at 0.35-micron to 28-nanometer. Headquartered in Shanghai, China, SMIC has a 300mm wafer fabrication facility (fab) and a 200mm mega-fab in Shanghai; a 300mm mega-fab in Beijing and a majority owned 300mm fab for advance nodes under development; a 200mm fab in Tianjin; and a 200mm fab project under development in Shenzhen. SMIC also has marketing and customer service offices in the U.S., Europe, Japan, and Taiwan, and a representative office in Hong Kong. For more information, please visit www.smics.com.
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(Under the Private Securities Litigation Reform Act of 1995)
This document contains, in addition to historical information, "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on SMIC’s current assumptions, expectations and projections about future events. SMIC uses words like "believe," "anticipate," "intend," "estimate," "expect," "project" and similar expressions to identify forward looking statements, although not all forward-looking statements contain these words. These forward-looking statements are necessarily estimates reflecting the best judgment of SMIC’s senior management and involve significant risks, both known and unknown, uncertainties and other factors that may cause SMIC’s actual performance, financial condition or results of operations to be materially different from those suggested by the forward-looking statements including, among others, risks associated with cyclicality and market conditions in the semiconductor industry, intense competition, timely wafer acceptance by SMIC’s customers, timely introduction of new technologies, SMIC’s ability to ramp new products into volume, supply and demand for semiconductor foundry services, industry overcapacity, shortages in equipment, components and raw materials, availability of manufacturing capacity, financial stability in end markets and intensive intellectual property litigation in high tech industry.
In addition to the information contained in this document, you should also consider the information contained in our other filings with the SEC, including our annual report on Form 20-F filed with the SEC on April 14, 2014, especially in the "Risk Factors" section and such other documents that we may file with the SEC or SEHK from time to time, including on Form 6-K. Other unknown or unpredictable factors also could have material adverse effects on our future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this document may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated or, if no date is stated, as of the date of this document.
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