On the evening of September 3, A-share chip leader SMIC international suddenly announced that Dr. Zhou Zixue, chairman and executive director of the company, resigned from the post of chairman of the company and chairman of the nomination committee of the board of directors due to personal physical reasons, effective now; Dr. Gao Yonggang, executive director, chief financial officer and company secretary of the company, was appointed as the acting chairman of the company to perform the duties of chairman < p > < / P > < p > as of the closing on the 3rd, SMIC's share price was 56.77 yuan, with a total market value of 448.6 billion yuan < p > the chairman resigned due to physical reasons, with an annual salary of nearly 7 million yuan last year < / P > < p > on the evening of September 3, SMIC announced that Dr. Zhou Zixue, the director and executive director of the company, resigned as the chairman of the company and the chairman of the Nomination Committee of the board of directors due to personal physical reasons, effective now. Dr. Zhou will continue to serve as the executive director of the company after resigning from the above position. The board of Directors hereby expresses heartfelt thanks to Dr. Zhou for his contribution to the healthy development of the company! Dr. Zhou has confirmed that he has no disagreement with the company or the board of directors < p > picture source: SMIC's official website < / P > < p > according to SMIC's official website, Dr. Zhou was appointed chairman and executive director of the company on March 6, 2015. Dr. Zhou holds a master's degree in management from the University of Electronic Science and technology and a doctor's degree in economics from central China Normal University. Dr. Zhou has more than 30 years of experience in economic operation regulation and management in the field of industry and information technology. Before taking up his current position, Dr. Zhou worked in the Ministry of industry and information technology, and served as chief economist and financial secretary. Before that, he worked in different departments of the Ministry of information industry, the Ministry of electronic industry, the Ministry of mechanical and electronic industry and the state-owned East photoelectric factory < p > Dr. Zhou currently serves as vice president and Secretary General of China Electronic Information Industry Federation, chairman of China Semiconductor Industry Association, chairman of Jiangsu Changdian Technology Co., Ltd. (listed company on Shanghai Stock Exchange: 600584) and independent director of Yunnan Nantian Electronic Information Industry Co., Ltd. (listed company on Shenzhen Stock Exchange: 000948). Dr. Zhou is also a director of several subsidiaries of the company < p > meanwhile, SMIC also announced that Dr. Gao Yonggang, executive director, chief financial officer and company secretary of the company, was appointed as the acting chairman of the company to perform the duties of chairman < p > according to SMIC, Dr. Gao Yonggang served as a non-executive director of the company in 2009, was appointed as the executive vice president of the company's strategic planning on June 17, 2013 and transferred as an executive director, was appointed as the chief financial officer of the company on February 17, 2014, was appointed as the joint company secretary of the company on July 3, 2017, and was appointed as the company secretary on December 11, 2020 < p > picture source: SMIC official website < / P > < p > Dr. Gao is a director, executive director or chairman of several subsidiaries and affiliated companies of the company. Dr. Gao also serves as a director of Jiangsu Changdian Technology Co., Ltd. and an independent director of Shanghai yiruiguang Electronic Technology Co., Ltd < p > Dr. Gao is a doctor of management of Nankai University. He once served as the chief accountant of the Institute of Telecommunications Science and Technology (Datang Telecom Technology Industry Group) and the chairman of Datang Telecom Group Finance Co., Ltd. Dr. Gao has more than 30 years of business management experience and has served as the financial or corporate head of many enterprises or institutions < p > Dr. Gao is the executive director of the Chinese accounting society, a member of the Listing Committee of the science and Innovation Board of Shanghai Stock Exchange, a founding director of the Hong Kong Independent Non-executive Directors Association, and vice president of China Electronic Information Industry Federation. He has rich experience and in-depth research in the fields of financial management, investment and financing and enterprise management < p > according to wind data, Zhou Zixue received RMB 6.93 million from SMIC in 2020 and did not hold shares in the company. Gao Yonggang received a salary of 6.717 million yuan last year < p > SMIC and Shanghai municipal government plan to invest US $8.8 billion to build a 12 inch wafer factory < / P > < p > at the noon of September 3, SMIC announced at the Hong Kong stock exchange that it had signed a cooperation framework agreement with the Management Committee of Lingang New Area of China (Shanghai) free trade pilot zone. The two sides will establish a joint venture to build a 12 inch wafer foundry production line with a capacity of 100000 pieces / month, The total investment of the project is about 8.87 billion US dollars, about 57 billion yuan < p > SMIC said that the joint venture may be located in Shanghai Lingang free trade pilot zone, mainly providing IC wafer foundry and technical services for technology nodes of 28nm and above. The registered capital of the joint venture is proposed to be USD 5.5 billion, of which SMIC plans to contribute no less than 51%, that is, at least USD 2.805 billion. The investment subject designated by the Shanghai Municipal People's government accounts for no more than 25%. In addition, both parties will introduce third-party investors to complete the remaining capital contribution < p > as one of the world's leading integrated circuit wafer foundry enterprises, SMIC has continuously expanded its monomer wafer factories in recent years. In July 2020, SMIC established a joint venture in Beijing to build a 12 inch wafer factory with a production capacity of 100000 chips / month. In March this year, another 12 inch wafer factory of SMIC landed in Shenzhen. The factory is expected to start production in 2022 < p > while the above announcement was disclosed, SMIC's shares rose in late afternoon trading. In just 10 minutes from 11:20 to 11:30, SMIC's a shares turned from green to red, up 3.13%. At the opening of the afternoon, the stock rose briefly and then fluctuated downward. As of the closing, it was reported at 56.77 yuan / share, up 2.86%, with a total market value of 448.6 billion yuan. Hong Kong stocks have a similar performance < p > according to the semi annual report of 2021, SMIC achieved an operating revenue of 16.09 billion yuan, a year-on-year increase of 22.25%, and the net profit attributable to the listed company was 5.241 billion yuan, an increase of 278.05% over 1.386 billion yuan in the same period last year < p > (this article does not constitute an investment proposal, so the operation risk shall be borne by itself)