Advanced Micro-Fabrication Equipment Inc. China (688012.SH) has announced a plan to reduce its shareholding in Piotech Inc. (688072.SH). The divestment will be executed through both centralized bidding and block trades, involving the sale of no more than 3.6551 million shares, which represents up to 1.3% of Piotech's total share capital.
This strategic move to sell part of its equity assets is intended to optimize the company's asset structure. Furthermore, it aims to revitalize existing assets, thereby enhancing overall asset liquidity and improving operational efficiency.
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