AMEC begins selling repurchased shares from reduction plan

Advanced Micro-Fabrication Equipment (Shanghai) Co., Ltd. (AMEC) has commenced the sale of its repurchased shares through centralized bidding. On November 20, 2025, the company's dedicated securities account for share repurchase made its first sale, disposing of 273 repurchased shares at an average price of 286 yuan per share, totaling 78,078 yuan. This initial sale represents a minimal portion of the overall reduction plan.

AMEC's total repurchased shares, acquired between February 8, 2024, and April 30, 2024, amount to 2,096,273 shares, constituting 0.33% of the company's current total share capital. The company announced its intention to sell these shares on October 30, 2025, with the reduction period planned for three months starting 15 trading days after the announcement. The original plan aimed to reduce up to 2,096,273 repurchased shares.

Following this initial transaction, AMEC's dedicated securities account still holds 2,096,000 repurchased shares, maintaining a 0.33% stake relative to the total share capital. The company emphasizes that this reduction will not significantly impact its operations, finances, or future development, as the difference between the recovered amount and the inventory cost will be accounted for in capital reserves.