SMIT Group, a privately owned company headquartered in China, was founded in 1993. The company's business primarily focuses on the research and development and application of security chips, Integrated Circuit Electronic Design Automation (EDA) systems, and third-generation semiconductor products.
On July 20, 2026, SMIT Holdings (HK:2239) sold a minority stake in X-Times for RMB63.2 million. Previously, on July 14, SMIT Holdings completed a major disposal of its stake in Shenzhen Giga. This follows the Annual General Meeting held on May 29, 2026, where SMIT Holdings Limited approved a final dividend of HKD 0.01 per ordinary share for the year ended December 31, 2025.
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