Advanced Micro-Fabrication Equipment Inc. China (688012.SH) has issued an announcement indicating that its shareholder, Xunxin (Shanghai) Investment Co., Ltd., which holds an 8.9% stake in the company, plans to reduce its shareholding. The divestment, amounting to no more than 2% of the total shares, is scheduled to occur within three months following a 15-trading-day period starting from the announcement date. The reduction will be executed through methods such as block trades and centralized bidding, in compliance with relevant legal and regulatory requirements.
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