C114 News on December 4th (Yan Yi) SMIC issued an announcement saying that this morning, it was concerned about the news that the company was added to the list of Chinese military-related enterprises on the website of the US Department of Defense. The company is evaluating the impact, please investors Be aware of investment risks. Since then, SMIC has been temporarily suspended in Hong Kong.

It is reported that on Thursday, local time in the United States, the US Department of Defense issued an announcement saying that it will blacklist four Chinese companies including SMIC. In June and August this year, the U.S. Department of Defense successively included 31 companies including Huawei, Hikvision, and China Communications Construction Group Co., Ltd. on the list.

Under the National Defense Authorization Act, the President of the United States has the authority to use the International Emergency Economic Powers Act (IEEPA), including sanctions, against these companies’ operations in the United States.