Abstract: On the evening of November 7th, SMIC (688981.SH) released its financial report for the third quarter. The company reported a revenue of 15.61 billion yuan for the quarter, marking a year-on-year increase of 32.5% and a sequential increase of 14%. Additionally, the revenue for a single quarter exceeded 2 billion US dollars for the first time, setting a new historical record. Hua Hong Semiconductor, which also released its financial report on the same day, saw a significant increase in profits.
