SMIC Announces its Fourth Donation of 2.55 Million Yuan for "Liver Transplant Program for Children"
Total Donation of Ten Million Yuan Helped 137 Sick Children from Poor Families Reclaim New Lives
SHANGHAI, May 30, 2016 /PRNewswire/ -- Semiconductor Manufacturing International Corporation ("SMIC", NYSE: SMI; SEHK: 981), China's largest and most advanced semiconductor foundry and one of the world's largest foundries, held the donation ceremony for SMIC's fourth donation to the "Liver Transplant Program for Children", declaring to donate another 2.55 million Yuan to the China Soong Ching Ling Foundation. The program has accumulatively received over 10 million RMB for sick children so far. People attending the ceremony include the SMIC Chairman Zhou Zixue, SMIC Honorary Chairman Zhang Wenyi, SMIC CEO and Executive Director Tzu-Yin Chiu, the President of Renji Hospital Li Weiping, the Secretary Guo Lian, Vice-presidents Wen Daxiang and Xia Qiang, Deputy Secretary Min Jianying, and Liu Ying, Director of the General Office of Program of the China Soong Ching Ling Foundation.
Children are the hope of families and the future of our society. Since April, 2013, when SMIC initiated "Liver Transplant Program for Children", SMIC has donated 2 million Yuan every year to the China Soong Ching Ling Foundation to help liver-diseased children from poor families nationwide to receive liver transplants in Shanghai Renji Hospital. As of 2015, 137 children in total (the youngest one of whom is only six months old) have been treated and reclaimed new lives.
With an increasing attention on "Liver Transplant Program for Children" from society, more and more enterprises have devoted themselves to this charitable cause. It is estimated that up to 59 companies participated in the program this year and gave donations amounting to 1.476 million Yuan, including 200,000 Yuan from Jiangsu Xinchaoren'ai Foundation, which is affiliated with JCET, the biggest packaging service provider in mainland China. "Liver Transplant Program for Children" has been a mutual mission and responsibility of the semiconductor industry for public welfare.
"Life is the greatest charity," SMIC Chairman Zhou Zixue said. "As the leading IC manufacturer in China, we are ready to take more social responsibility with our continuous growth and development to give back to society, and influence more individuals, organizations and enterprises with what we are doing. We hope that in future more peers could join in the Program to help more children benefit from their contributions."
The President of Renji Hospital Li Weiping mentioned in the speech that as the biggest children liver transplant center in China, the Department of Hepatic Surgery of Renji Hospital, with a rapid development of more than one decade, has performed the most children liver transplants around the world during the past 5 years, and the one-year and five-year survival rates after operations are 93.1% and 80.0% respectively, reaching the international advanced level. There have been 620 pediatric living donor liver transplants in the center, among which 70% were operations for children from poor families. The credit should be given to some social organizations as SMIC and the China Soong Ching Ling Foundation, whose funds save lives of so many sick children. He expressed heartfelt gratitude to all these foundations, enterprises and caring people from all levels, and paid tribute to their positive benefaction for promoting charity.
The Director of the General Office of Program of the China Soong Ching Ling Foundation Liu Ying said, "Thanks very much for SMIC to call on so many outstanding enterprises in the electronic technology industry to participate in the Program. Enterprises giving donations have more than doubled from last year, and it is proving that our love is spreading. With the growing participation of caring enterprises and expanding social influence, more sick children will be cured and thus more families could live a happy life."
About SMIC
Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981) is one of the leading semiconductor foundries in the world and the largest and most advanced foundry in mainland China. SMIC provides integrated circuit (IC) foundry and technology services at 0.35-micron to 28-nanometer. Headquartered in Shanghai, China, SMIC has a 300mm wafer fabrication facility (fab) and a 200mm mega-fab in Shanghai; a 300mm mega-fab and a majority owned 300mm fab for advance nodes in Beijing; and 200mm fabs in Tianjin and Shenzhen. SMIC also has marketing and customer service offices in the U.S., Europe, Japan, and Taiwan, and a representative office in Hong Kong.
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(Under the Private Securities Litigation Reform Act of 1995)
This press release contains, in addition to historical information, "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements, including statements under "Second Quarter 2016 Guidance", "CapEx Summary" and the statements contained in the quotes of our CEO regarding our target for sustained profit, our revenue growth, continued demand strength and high utilization and our strategy to capture growth opportunities brought by specific markets and products are based on SMIC's current assumptions, expectations and projections about future events. SMIC uses words like "believe," "anticipate," "intend," "estimate," "expect," "project," "target" and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These forward-looking statements involve significant risks, both known and unknown, uncertainties and other factors that may cause SMIC's actual performance, financial condition or results of operations to be materially different from those suggested by the forward-looking statements including, among others, risks associated with the cyclical nature of the semiconductor industry, changes in demand for our products, competition in our markets, our reliance on a small number of customers, orders or judgments from pending litigation, intensive intellectual property lawsuits in semiconductor industry, financial stability in end markets, general economic conditions and fluctuations in currency exchange rates.
Investors should consider the information contained in SMIC's filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on 20-F filed with the SEC on April 25, 2016, especially the consolidated financial statements, and such other documents that SMIC may file with the SEC or The Hong Kong Stock Exchange Limited ("SEHK") from time to time, including current reports on Form 6-K. Other unknown or unpredictable factors also could have material adverse effects on SMIC's future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this press release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. Except as may be required by law, SMIC undertakes no obligation and does not intend to update any forward-looking statement, whether as a result of new information, future events or otherwise.
SMIC Media Contact:
Terry Ding
Tel: +86-21-3861-0000 x16812
Email: [email protected]
SOURCE Semiconductor Manufacturing International Corporation
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