SMIC responds: the items restricted in this "entity list" are relatively limited

GoldenOctober2024

Jinshi data December 3rd, in response to the impact of the new round of “entity list” on companies, on December 3rd, Wentai Technology responded that considering the short release time, the company has made a preliminary assessment based on existing information. Based on the preliminary assessment by the company’s legal department and third-party lawyers, according to relevant regulatory provisions, the restrictions on items on the general entity list are relatively limited, and the sales of products and provision of services to customers will not be directly restricted by the list. The company will continue to follow up and assess the relevant impacts, and maintain positive communication with suppliers and customers.

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