On the evening of November 11, while the amount of online shopping of e-commerce refreshed, the chip giant and a + H-share company SMIC International (688981) released a new record in the third quarter. According to the financial report, in the first three quarters of this year, SMIC achieved a revenue of 20.8 billion yuan, a year-on-year increase of 30.2%, and a net profit of 3.08 billion yuan, a year-on-year increase of 168.6%. Among them, the third quarter revenue and net profit attributable to the parent are at the highest level in history. < p > < p > as of the end of the day, the stocks of the science and technology innovation board generally fell, and the Kechuang 50 index fell 3.24%. Semiconductor plate continued to weaken, SMIC fell 7.04%. On November 12, SMIC’s stock price fluctuated after opening high, and finally closed at 61.86 yuan / share, up 0.81%. Gao Yonggang, chief financial officer of SMIC, said that the company’s revenue continued to record a record high in the third quarter, reaching 7.638 billion yuan, up 13% month on month and 31.7% year-on-year. The net profit attributable to the parent company was 1.694 billion yuan, which was also at the highest level in history. In terms of non-financial data, SMIC’s international sales of wafers totaled 144 million in the third quarter, about 8-inch wafers, up 9.5% year-on-year. The overall capacity utilization rate was as high as 97.8%, with a year-on-year increase of 0.8 percentage points. < / P > < p > from the perspective of revenue segmentation, by application classification, SMIC’s revenue proportion in the fields of smart phones, smart home and consumer electronics in the third quarter was 46.1%, 20.5% and 17% respectively. In the same period last year, the proportions of the three were 42.3%, 17% and 22.2%, respectively. < p > < p > by technology node classification, the revenue share of the most advanced 14 / 28 nanowafers increased to 14.6% in the third quarter. In the second quarter of this year, it was 9.1%; in the same period last year, it was 4.3%. At present, the mainstream revenue of the company is still 40 / 45 nm and 55 / 65 nm wafers, accounting for 17.2% and 25.8% of revenue in the third quarter, respectively, but both of them showed a decline on a month on month basis. < p > < p > reviewing the performance of the three quarters, Zhao Haijun and Liang Mengsong, CEO of SMIC international, said that the demand for mature application platforms was as strong as ever, with significant growth in revenue from power management, RF signal processing, fingerprint identification, and image signal processing. The application of advanced technology is diverse. The yield rate of the first generation of advanced technology reaches the industry’s mass production level, and the second generation enters small volume trial production. The company’s capacity has been steadily expanded, and the capacity utilization rate has remained high. According to SMIC, due to the US export control, the delivery period of some machines is extended or there is uncertainty, and the arrival of some machines is delayed due to logistics reasons, the capital expenditure plan of this year is reduced from about 45.7 billion yuan to about 40.2 billion yuan. At the performance communication teleconference held in the morning of November 12, Zhou Zixue, chairman of SMIC international, said that the current international situation is becoming more and more complex, and the company operates in accordance with the law and regulations, regretting the export control of the United States, but its impact on the company is controllable. At present, the company maintains active communication with the United States and continuously evaluates the impact. Liang Mengsong also said at the performance meeting that SMIC is an international OEM company, and the development of the company’s capacity components or technology is not formulated for a single customer. SMIC has platforms not only in mobile phones, but also in low-end consumer electronics, automotive electronics, AI and other fields. Because of these platforms, the company has been keeping nto projects on various platforms with more than a dozen customers, and it will take some time for these customers to contribute increment. “We expect that in two to three quarters, we will be able to fill the capacity we need.” Kuai Jian, an analyst at Dongfang securities, believes that “the short-term impact of us export control can be controlled”. He said that the U.S. export control policy stemmed from the cancellation of CIV (Civil end user) license exception, which was implemented at the end of June, and its impact was lower than that on the list of entities, and even lower than the US sanctions against Huawei. SMIC has repeatedly stated that it only provides products and services for civilian and commercial end users, and has nothing to do with the Chinese military, nor does it produce products for any military end users. ASML, the global leader of photolithography, has also made it clear that DUV deep UV lithography machines can be exported from Holland to China without us license. < / P > < p > at the performance meeting, SMIC international management concluded that the company is actively combing with suppliers to find solutions to the impact of us export control on the supply chain. The R & D tasks of the company have been basically completed this year, but there is still a long way to go before the world-class enterprises. According to the third quarter report, the monthly production capacity of SMIC increased from about 480000 chips in the second quarter to 510000 chips in the third quarter due to the expansion of the company’s 300 mm wafer plant in Beijing in the third quarter. Liang Mengsong predicted: “the annual revenue growth is expected to rise to 23% to 25%, and the annual gross profit rate target is higher than last year. Gross margins for the fourth quarter are expected to be in the range of 19% to 21% Global Tech