AMEC Receives CSRC Approval for Share Issuance and Cash Payment in Asset Acquisition

Stock News05-12

Advanced Micro-Fabrication Equipment Inc. China (AMEC) (688012.SH) has announced that it plans to acquire a 64.69% equity stake in Hangzhou Zhonggui Electronic Technology Co., Ltd. through a combination of share issuance and cash payment, while also raising supporting funds. On May 12, 2026, the company received the "Approval for Registration of Share Issuance for Asset Acquisition and Supporting Fund Raising" (CSRC Permit [2026] No. 1147) from the China Securities Regulatory Commission (CSRC). The approval grants the company permission for the registration of its share issuance to acquire the relevant assets, as well as the registration for raising supporting funds not exceeding 1.5 billion yuan through share issuance.

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