SMIC Issues 11.71 Million New H-Shares in April; Total Outstanding Shares Reach 6.01 Billion

Bulletin Express
May 06

Semiconductor Manufacturing International Corporation (SMIC) disclosed its monthly return for April 2026, highlighting a modest expansion in share capital and confirming compliance with Hong Kong’s public-float rules.

Key Takeaways

1. Authorised Capital Stable • Ordinary-share authorisation remained at 10.00 billion shares with a par value of USD 0.004, keeping total authorised capital at USD 40.00 million. • Preference-share authorisation was unchanged at 0.50 billion shares (par value USD 0.004), maintaining USD 2.00 million in authorised value.

2. Issued Share Movement – Hong Kong-listed Ordinary Shares • Net issuance: 11.71 million shares during April. • Closing balance: 6.01 billion shares, up from 6.00 billion at end-March. • All shares remain non-treasury; no buy-backs or cancellations occurred. • Public float exceeds the 5% minimum required for PRC issuers with H-share listings, as confirmed by the company.

3. Mainland-Listed A Shares Unchanged • Shanghai-listed ordinary shares (stock code 688981) held steady at 1.9996 billion with no movement reported.

4. Drivers of New Issuance • 2014 Stock Option Plan: 57,749 options exercised, generating HKD 1.20 million in proceeds. • 2014 Equity Incentive Plan (RSUs): 0.36 million shares vested. • 2024 Equity Incentive Plan (RSUs): 11.29 million shares vested. • Combined, option exercises and RSU vesting accounted for the entire 11.71 million share increase.

5. Treasury Shares and Other Instruments • No treasury-share transfers, warrant exercises, or convertible issuances were recorded in the period.

6. Compliance Statement • SMIC affirmed full adherence to Hong Kong Listing Rules, with all share issuances duly authorised and all cash proceeds received.

The April activity lifts SMIC’s total outstanding share count across both Hong Kong H-shares and Shanghai A-shares to 8.01 billion, reinforcing its capital base while retaining regulatory compliance on public float levels.

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