[SMIC Zhao Haijun: The company’s performance in the fourth quarter is not weak in the off-season, and the capacity utilization rate is expected to decline slightly] According to the Science and Technology Innovation Board Daily on the 13th, SMIC co-CEO Zhao Haijun said that the fourth quarter is the traditional off-season for the industry, but the company’s performance is not weak in the off-season. Although some consumer orders for mobile phones have weakened, the company has given full play to its multi-platform coordination and deployment capabilities and tilted the released production capacity towards high-demand and high value-added products such as dedicated storage and BCD. In the fourth quarter, the company expects shipments to remain stable. Product mix changes and prices will follow market trends, driving up average sales prices and expected revenue to grow by 4%-6% quarter-on-quarter. At the same time, cost pressures such as depreciation and raw materials continue to increase, and the company's increase in engineering and R&D wafer production in the fourth quarter has caused a slight decline in production capacity utilization based on the continued release of capacity expansion. Therefore, the gross profit margin guidance given is the same as the previous quarter's guidance, at 26%-28%. (Kechuangban Daily reporter Guo Hui)