Beijing's Semiconductor Equipment Giant AMEC Debuts on STAR Market with a Market Value of RMB 62 Billion
1 week ago / Read about 0 minute
Author:小编   

Advanced Micro-Fabrication Equipment Inc. (AMEC) has triumphantly debuted on the STAR Market, setting an issue price of RMB 8.45 per share. Upon opening, the share price skyrocketed to RMB 26.2, marking a staggering growth rate of 210.06%. This surge propelled the company's market value to an impressive RMB 62.067 billion. Established in 2015, AMEC strategically entered the semiconductor equipment industry through the acquisition of Mattson Technology in the United States. Specializing in wafer processing equipment, AMEC boasts an array of products including dry resist stripping equipment, rapid thermal processing equipment, and dry etching equipment, all of which hold a prominent position in the global market. After meticulous preparation spanning three and a half years, the company has successfully completed its IPO, raising RMB 2.5 billion. These funds will be allocated towards projects such as the research and development of manufacturing service centers and high-end integrated circuit equipment.