AMEC fund completes initial capital contribution, formal registration

Advanced Micro-Fabrication Equipment (AMEC) has announced the latest developments regarding its participation in the Shanghai ZHIWEI Panfeng Venture Capital Partnership (Limited Partnership). The fund, which held its third board meeting on June 10, 2025, has successfully completed its industrial and commercial registration and China Securities Regulatory Commission (CSRC) filing. All partners have made their initial capital contributions.

The fund's initial capital commitment totaled RMB 12.499 bn, with the second closing increasing this to RMB 15 bn. The first phase of capital contributions has reached RMB 60 bn out of a total committed RMB 150 bn. AMEC's subsidiary, AMEC Lingang, committed to RMB 7.35 bn, contributing RMB 2.94 bn in the first phase.

ZHIWEI Capital, as the general partner, committed RMB 15 m and contributed RMB 600,000 in the first phase. The fund aims to invest in semiconductor, pan-semiconductor, and strategic emerging industries. This progress aligns with AMEC's previously disclosed plans from June 11, 2025.