Summary by Moomoo AI
The Board of Directors of SMIC International Integrated Circuit Manufacturing Limited convened on 28 March 2024 and unanimously approved a number of motions including the 2023 Hong Kong Stock and the A Stock Annual Report. The Board of Directors decided that, given that the company will maintain a large capital expenditure in 2024, there will be no distribution of profits for 2023, including non-payment of cash dividends, etc. In addition, the Board of Directors approved the resolutions “Special Report on the Storage and Actual Use of Funds for 2023”, the 2024 Daily Associated Trade Quota Forecast. The Audit Committee of the Board of Directors issued the 2023 Fulfillment Situation Report detailing the work of the Audit Committee and the performance of its supervisory responsibilities towards the accounting firm. The report shows that EY Accounting Firm was diligent in its audit work in 2023 and received positive reviews from the company.