Advanced Micro-Fabrication Equipment Inc. has made a public announcement stating that Xunxin (Shanghai) Investment Co., Ltd., a significant shareholder with an 8.90% ownership stake in the company, has intentions to decrease its shareholding by up to 2% of the total outstanding shares. This divestment will take place within a three-month window, commencing 15 trading days subsequent to the announcement date. The reduction in stake will be executed through a combination of centralized bidding and block trading mechanisms, adhering to standard market practices.
