Amec directors plan to reduce holdings

Advanced Micro-Fabrication Equipment (China) (AMEC), stock code SSE:688012, announced that its directors and senior management intend to reduce their holdings in the company. Chairman and General Manager Yin Zhiyao plans to decrease his stake by no more than 280,000 shares, representing 0.045% of the total share capital. Chief Financial Officer and Deputy General Manager Chen Weiwen intends to reduce his holdings by no more than 125,000 shares, accounting for 0.020% of the total share capital. The reduction will occur via centralized bidding within a three-month period, commencing 15 trading days after this announcement. Both executives cite personal financial needs as the reason for the share reduction. AMEC confirms that these planned reductions comply with relevant laws and regulations.