According to CoinMeta, SMIC, in conjunction with CEO Zhao Haijun, analyzed at the third-quarter earnings meeting that looking ahead to the foreseeable future, there are two main aspects of certainty in the industry: firstly, the demand for artificial intelligence is expected to extend the upward cycle of semiconductors, and the growth structure and cycle pattern will change accordingly; secondly, the local development of the entire industrial chain continues. Against this backdrop, the company relies on its strategic ties with customers and works in tandem with the innovation speed of Chinese clients to strengthen its advantages in specialized and customized processes. Based on this, the company focuses on customer needs to expand production capacity, builds a leading edge with a high-value-added product portfolio, strives to stabilize EBITDA, improves cost control and operational efficiency, enhances its resilience across cycles, and achieves quality, sustainable growth.