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On the evening of January 8, Advanced Micro-Fabrication Equipment Inc. made a public announcement. It stated that Yin Zhiyao, who serves as both the chairman and general manager of the company, directly owns 4,159,400 shares, constituting 0.664% of the company's total share capital. Yin Zhiyao has plans to divest up to 290,000 shares, which equates to no more than 0.046% of the total share capital. This divestment will be executed through centralized bidding within a three-month period starting 15 trading days after the announcement's disclosure. The underlying motive for this divestment is to address tax-related obligations in compliance with the law, following Yin Zhiyao's reversion to Chinese citizenship. It's important to note that this share divestment will not exert any influence on the company's governance structure or its ongoing operational activities.
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