Advanced Micro-Fabrication Equipment Inc. (AMEC), a frontrunner in the semiconductor sector, has disclosed that Xunxin (Shanghai) Investment Co., Ltd. intends to decrease its shareholding by no more than 12,522,900 shares, representing 2% of the total share capital, within three months after 15 trading days, driven by its internal operational management requirements. Concurrent with this move, the company's visionary founder, Gerald Yin, is also set to reduce his stake by no more than 290,000 shares through centralized bidding during the same timeframe, which constitutes no more than 0.046% of the total share capital. The impetus behind this reduction is his need to address tax-related matters in compliance with legal provisions following his decision to regain Chinese citizenship. As of January 9th, AMEC's stock was trading at 336.68 yuan per share, with the company's overall market valuation reaching 210.8 billion yuan. The market value of the shares Gerald Yin plans to offload is estimated at approximately 97.64 million yuan. Public records indicate that Gerald Yin was inspired by Jiang Shangzhou to return to China and establish AMEC in 2004. Over the past decade, he has steered the team to consistently surmount technological hurdles. In the first three quarters of 2025, the company witnessed year-on-year growth in both revenue and net profit. Looking ahead, the strategy is to expand coverage in the core equipment segment, with the ambition of evolving into a world-class semiconductor equipment enterprise.
