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DONATION OF RMB10 MILLION TO SUPPORT THE FRONTLINE TO FIGHT THE NOVEL CORONAVIRUS EPIDEMIC
Friday, February 14, 2020

SHANGHAI, Feb. 6, 2020 /PRNewswire/ -- On February 7, 2020, Semiconductor Manufacturing International Corporation ("SMIC" SEHK: 981; OTCQX: SMICY), as mainland China's largest and most advanced foundry, which is broadest in technology coverage, and most comprehensive in semiconductor manufacturing services, announced that the Company, together with its employees and members of its board of directors, donates RMB10 million to help fight the novel coronavirus epidemic. Among the donation, RMB5 million has been donated to the Shanghai Charity Foundation, dedicated to support Hubei Province on various tasks directly related to the prevention and control of the coronavirus and protection of medical personnel. The remaining RMB5 million will mainly focus on urgently needed goods and materials for epidemic prevention and treatment. Previously, two affiliated companies of SMIC, namely China Fortune-Tech Capital Co., Ltd and Semiconductor Manufacturing Electronics (Shaoxing) Corporation, have already donated RMB1 million and RMB0.5 million respectively for epidemic prevention and control.

Currently, the novel coronavirus continues to spread, which may continue to impact the health and safety of the population. The outbreak has attracted a lot of attention, and is weighing on the hearts and minds of SMIC employees. "Caring for people, caring for the environment, and caring for society" is SMIC's long-term corporate social responsibility practice. Throughout this difficult situation the company is working hard to maintain the uninterrupted state of manufacturing operations and the health and safety of our employees. In addition, we are closely monitoring the progress of the epidemic containing, and we express our deep regards for the safety of all health workers and disease prevention personnel.

Dr. Zhou Zixue, Chairman of SMIC said, "The current prevention and control of the novel coronavirus is serious and the task is arduous. Medical personnel from all over the country are fighting at the forefront of the epidemic. Their brave medical professionalism and selfless dedication are admirable and stirring. This donation represents the support from all the employees at SMIC to the coronavirus containing, and with highest respect to the medical workers. I believe that with the leadership of the government and everyone united, we will win this battle and defeat this disease. "

About SMIC

Semiconductor Manufacturing International Corporation ("SMIC"; SEHK: 981; OTCQX: SMICY), one of the leading foundries in the world, is Mainland China's most advanced and largest foundry, broadest in technology coverage, and most comprehensive in semiconductor manufacturing services. SMIC provides integrated circuit (IC) foundry and technology services on process nodes from 0.35 micron to 14 nanometer. Headquartered in Shanghai, China, SMIC has an international manufacturing and service base. In China, SMIC has a 300mm wafer fabrication facility (fab), a 200mm fab and a majority-owned joint-venture 300mm fab for advanced nodes (under construction) in Shanghai; a 300mm fab and a majority-owned 300mm fab for advanced nodes in Beijing; 200mm fabs in Tianjin and Shenzhen; and a majority-owned joint-venture 300mm bumping facility in Jiangyin. SMIC also has marketing and customer service offices in the U.S., Europe, Japan, and Taiwan China, and a representative office in Hong Kong China.

For more information, please visit www.smics.com.

Forward-Looking Statements

This press release contains, in addition to historical information, forward-looking statements. These forward-looking statements are based on SMIC's current assumptions, expectations, beliefs, plans, objectives, and projections about future events or performance. SMIC uses words like "believe," "anticipate," "intend," "estimate," "expect," "project," "target, "going forward", "continue", "ought to", "may", "seek", "should", "plan", "could", "vision", "goals", "aim", "aspire", "objective", "schedules", "outlook" and similar expressions to identify forward looking statements, although not all forward-looking statements contain these words. These forward-looking statements are necessary estimates reflecting 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 in the semiconductor industry, SMIC's reliance on a small number of customers, 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, orders or judgments from pending litigation, intensive intellectual property litigation in the semiconductor industry, general economic conditions and fluctuations in currency exchange rates.

In addition to the information contained in this press release, you should also consider the information contained in our other filings with The Hong Kong Stock Exchange Limited ("SEHK") from time to time. 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 press release 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 press release. Except as required by applicable laws, SMIC undertakes no obligation and does not intend to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events after the date on which such statement is made or to reflect the occurrence of unanticipated events, whether as a result of new information, future events or otherwise.

View original content:http://www.prnewswire.com/news-releases/donation-of-rmb10-million-to-support-the-frontline-to-fight-the-novel-coronavirus-epidemic-301000774.html

SOURCE Semiconductor Manufacturing International Corporation



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