Securities Times e company news, SMIC (688981) announced on the evening of September 16 that the company learned from the website of the Central Commission for Discipline Inspection and the State Supervision Commission that the company's non-executive director Ren Kai was suspected of serious violations of discipline and law, and is currently accepting the appointment of the Central Commission for Discipline Inspection and the State Supervision Commission in the country. Disciplinary review by the Disciplinary Inspection and Supervision Team of the Development Bank and supervision and investigation by the Beijing Municipal Commission of Supervision.
For the above reasons, Ren Kai was unable to perform his duties normally.
Apart from serving as a non-executive director of the company and a member of the strategy committee of the board of directors, Ren Kai does not hold any other positions in the company and does not participate in the daily operation and management of the company.
The matter will not have any impact on the company's production and operation, financial status, etc.