Major shareholder cuts stake in advanced micro-fabrication equipment

Xunxin (Shanghai) Investment has finalized its share reduction plan, selling 12,522,906 shares of Advanced Micro-Fabrication Equipment (AMEC) through block trading. This transaction, executed between September 22, 2025, and November 13, 2025, represents a 2% reduction in AMEC's total share capital, as initially disclosed on August 27, 2025. The shares were sold within a price range of RMB 236.22 to RMB 289.22 per share, accumulating a total value of RMB 3,351,338,098.77.

Prior to the reduction, Xunxin held 80,996,822 shares, equivalent to 12.94% of AMEC's total share capital. Following the completion of the plan, Xunxin's holdings decreased to 68,473,916 shares, or 10.94%. This 1% change in equity ownership triggered a reporting threshold, as detailed in the announcement.

The company confirmed that this equity change does not impact AMEC's status of having no controlling shareholder or actual controller, nor does it affect the company's governance structure or ongoing operations.