On April 24, the Shanghai Stock Exchange formally accepted an application submitted by Advanced Micro-Fabrication Equipment (Shanghai) Inc. The application pertains to the issuance of shares, cash payment for asset acquisition, and the raising of matching funds. This marks the official commencement of the review phase for the company's asset restructuring plan. Should the review progress without a hitch, this project is poised to become the inaugural case on the STAR Market to utilize the 'simplified review process for restructuring'.
