Summary by Moomoo AI
Semiconductor Manufacturing International Corporation will hold its annual shareholder meeting in Shanghai on June 28, 2024 to discuss various issues, including re-election of directors, re-appointment of auditors, 2023 profit distribution plan, hedging business and general authorization for the issuance and repurchase of shares. The Board of Directors proposes to reserve 2023 profit distribution due to the large-scale capital expenditure in 2024. In addition, the Board proposes to repurchase no more than 10% of the issued Hong Kong shares. Shareholders will vote on these matters. The meeting will be held at the Regal Plaza Hotel in Shanghai on June 28, 2024 at 2:00 pm, and share transfer registration will be suspended from June 25 to June 28, 2024 to determine the shareholders who are eligible to attend and vote.