Smic's announcement on March 31, 2016, the company and its subsidiaries in Beijing and in the northern capital centralized management agreement, the provisions, the company will make its wholly-owned subsidiary in Beijing according to China's relevant laws and regulations for the group's centralized management of the renminbi and foreign exchange; And in the north will participate in the group of funds centralized management system. In Beijing in the related policy within the allowed range in the north to provide internal deposit service, receiving service, written guarantee services, internal loan services, issue a letter of credit and other financial services. Valid until 31 December 2018.

The company believes that capital centralized management agreement and under the proposed deal to develop the financing channels for the group at home and abroad; To reduce the group's overall debt levels and improve the service efficiency of funds; To reduce the group's interest; And for the group get more preferential rate.