AMEC suspends trading for acquisition of Hangzhou Zhonggui Electronic Technology

Advanced Micro-Fabrication Equipment (Shanghai) Co. Ltd. (AMEC) has temporarily halted its shares on the Shanghai Stock Exchange, effective December 19, 2025, for an estimated period not exceeding 10 trading days. This move is in response to the company's ongoing efforts to acquire a controlling stake in Hangzhou Zhonggui Electronic Technology Co. Ltd. via a share issuance, alongside raising supporting funds for the transaction.

The decision to continue the trading suspension, announced December 26, 2025, is driven by the uncertain nature of the transaction and the need to ensure fair information disclosure while safeguarding investor interests. The company confirms that it and all relevant parties are actively working on the acquisition.

Investors are advised that the definitive terms of the transaction remain subject to the execution of final agreements and necessary internal decision-making processes. Regulatory approval is also required before the transaction can be implemented. AMEC has committed to providing further updates and will adhere to disclosure obligations throughout this period.