All currency figures stated in this report are in US Dollars unless stated otherwise.
The consolidated financial information is prepared in accordance with International Financial Reporting Standards (“IFRS”) and is presented in accordance with IFRS unless otherwise stated below.

Shanghai, China –February 10, 2026 – Semiconductor Manufacturing International Corporation (SEHK: 00981; SSE STAR MARKET: 688981) (“SMIC”, the “Company” or “we”), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended December 31, 2025.

Fourth Quarter 2025 Highlights

• Revenue was $2,488.7 million in 4Q25, compared to $2,381.8 million in 3Q25, and $2,207.3 million in 4Q24.
• Gross profit was $478.1 million in 4Q25, compared to $522.8 million in 3Q25, and $499.0 million in 4Q24.
• Gross margin was 19.2% in 4Q25, compared to 22.0% in 3Q25 and 22.6% in 4Q24. 
• Unaudited revenue was $9,326.8 million in 2025, compared to $8,029.9 million in 2024.
• Unaudited profit attributable to owners of the Company was $685.1 million in 2025, an increase of 39.1% from $492.7 million in 2024, mainly due to the increase in wafer shipment and utilization rate, and product mix change.

The following statements are forward looking statements based on current expectations and involved risks and uncertainties.

First Quarter 2026 Guidance

The Company expects (in accordance with IFRSs):

• Revenue tobe flat.
• Gross margin to range from 18% to 20%.

The Management Comments

In the fourth quarter, the Company’s revenue was 2,489 million, a sequential increase of 4.5%. Gross margin was 19.2% and the capacity utilization rate remained at 95.7%.

In 2025, the reshuffling effects driven by the shift toward localization of the semiconductor industry chain continued throughout the whole year. According to the unaudited financial results, the Company’s revenue in 2025 increased by 16.2% year-over-year to $9,327 million, and gross margin increased by 3.0 percentage points to 21.0%. The Company’s capital expenditure in 2025 was $8.1 billion. Monthly capacity was 1,059 thousand standard logic 8-inch equivalent wafers by the end of the year, increased by around 111 thousand wafers compared to the end of previous year. Total shipment reached around 9.7 million wafers, and annualized capacity utilization rate increased by 8 percentage points year-over-year to 93.5%.

Looking ahead to 2026, for SMIC, the Company will face both opportunities from the industrial chain reshoring from overseas and challenges brought by the memory cycle. Combining the above factors, the Company’s first quarter guidance is as follows: Revenue is expected to be flat sequentially, and the gross margin is expected to be in the range of 18% to 20%. Based on the premise that there are no significant changes in the external environment, the Company's guidance for the year 2026 are: The revenue growth is expected to be higher than industry average in the same markets, and the capital expenditure is expected to be roughly flat compared to that of 2025.

Conference Call / Webcast Announcement

Date: Wednesday, February 11, 2026

Time: 8:30 A.M. - 9:30 A.M.

WEBCAST

The call will be webcast live at:

https://edge.media-server.com/mmc/p/n9dpeqkv

CONFERENCE CALL

Please register in advance for the conference call at:

https://register-conf.media-server.com/register/BIbce15e90f959464aa1592bb5413eacbf

REPLAY

Recording will be available 1 hour after the event and it will be archived for 12 months.

https://www.smics.com/en/site/company_financialSummary

About SMIC

Semiconductor Manufacturing International Corporation (SEHK: 00981; SSE STAR MARKET: 688981) is one of the leading foundries in the world and is the front runner in manufacturing capability, manufacturing scale, and comprehensive service in the Chinese Mainland. SMIC Group provides semiconductor foundry and technology services to global customers on 8-inch and 12-inch wafers. Headquartered in Shanghai, China, SMIC Group has an international manufacturing and service base, with 8-inch and 12-inch wafer fabrication facilities in Shanghai, Beijing, Tianjin and Shenzhen. SMIC Group also has marketing and customer service offices in the U.S., Europe, Japan, and Taiwan, China.

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

Forward-Looking Statements

This 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 including but not limited to “believe”, “anticipate”, “intend”, “estimate”, “expect”, “project”, “target”, “going forward”, “continue”, “ought to”, “may”, “seek”, “should”, “plan”, “could”, “vision”, “goal”, “aim”, “aspire”, “objective”, “schedule”, “outlook” and other similar expressions to identify forward looking statements. These forward-looking statements are estimates made by SMIC's senior management based on their best judgment 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, 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, shortages in equipment, parts, raw materials, software and service supports, orders or judgments from pending litigation, intellectual property litigation in the semiconductor industry, macro- economic conditions, fluctuations in currency exchange rates and the risk of geopolitics.

Contact:
Investor Relations
+86-21-2081-2800
ir@smics.com