In the first three quarters of this year, the company 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%. At the same time, SMIC’s revenue in the third quarter continued to reach a record high of 7.638 billion yuan, up 13.0% month on month and 31.7% year-on-year. The gross profit was 2.008 billion yuan, the net profit was 1.694 billion yuan, and the profit before interest, tax, depreciation and amortization was 4.455 billion yuan, a record high. < / P > < p > in addition to performance, SMIC’s wafer sales and monthly production capacity also maintained growth in the third quarter. In the third quarter of 2020, SMIC will sell 1.44 million wafers, with a year-on-year increase of 9.5%, and a monthly production capacity of 510000 wafers, with a year-on-year increase of 14.9%. In addition, the capacity utilization rate increased from 97% in the same period last year to 97.8%. < / P > < p > from the specific business point of view, SMIC international advanced technology accounts for more and more. In the third quarter of this year, the company’s 14 / 28 nano process accounted for 14.6% of wafer revenue, compared with 4.3% in the same period last year, and 9.1% in the second quarter of this year. It is understood that SMIC’s 14nm process has been in mass production in the fourth quarter of last year, and the yield has reached the industry’s mass production level. Zhao Haijun and Liang Mengsong, CO chief executives of SMIC international, said: “the demand for mature application platforms is as strong as ever, with significant growth in revenue related to 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. ” Liang Mengsong also revealed at the performance meeting that the second generation of advanced technology n + 1 is steadily advancing and is doing customer product verification. At present, it is going into small-scale trial production, and the product application is mainly high-performance computing. < / P > < p > in addition, as for some suppliers affected by further restrictions imposed by the US export control regulations, SMIC said in the third quarter report that the company maintained active communication with suppliers, customers and relevant organizations to comprehensively evaluate the impact of us export control on the company’s production and operation. At present, the company’s normal operation, export control in the short term has a certain impact on the company, but the impact is controllable. The results also show that SMIC expects revenue to decrease by 10% – 12% month on month in the fourth quarter. In addition, due to the extension or uncertainty of the delivery period of some machines due to the export control of the United States, as well as the delay in the arrival of some machines due to logistics reasons, the company’s capital expenditure plan will be revised down from about 45.7 billion yuan to about 40.2 billion yuan in 2020. On November 12, SMIC’s share price reversed its previous downward trend. As of the press release, SMIC’s stock price rose by more than 2% on the science and technology innovation board and 4% in Hong Kong stock market. Chinese version of K-car: reading a10e design drawing exposure