Investors should refer to Golden Kirin analyst reports for authoritative, professional, timely, and comprehensive analysis to uncover potential thematic opportunities! Source: Semiconductor Industry Circle. The Semiconductor Industry Circle is dedicated to revitalizing China's domestic semiconductor industry! On January 9, Advanced Micro-Fabrication Equipment Inc. China (AMEC) announced that its Chairman, Mr. Yin Zhiyao, plans to reduce his stake in the company through methods such as centralized bidding, representing approximately 0.046% of the company's total share capital. Based on the latest closing price of 345.88 yuan, the cash proceeds from this sale by Yin Zhiyao amount to roughly 100 million yuan!
AMEC's announcement stated that the company's Chairman and General Manager, Yin Zhiyao, is planning to sell no more than 290,000 shares, or 0.046% of the total shares, over the next three months. This action is to fulfill legal tax obligations related to his recent change in citizenship status from foreign national back to Chinese national. The announcement revealed that, as of the disclosure date, Yin Zhiyao directly holds 4,159,400 shares of AMEC, accounting for 0.664% of the total shares, all of which were acquired before the company's initial public offering. As a company director and senior executive, Yin Zhiyao is not a controlling shareholder, actual controller, person acting in concert, nor a shareholder directly holding more than 5% of the shares. Furthermore, the announcement disclosed Yin Zhiyao's share reduction activities over the past 12 months. Between May 27 and August 26, 2025, he sold 170,000 shares, or 0.027% of the total shares, via centralized bidding, with a selling price range of 170.76 yuan to 207.36 yuan per share. Market analysts believe that considering the scale, the planned sale of 290,000 shares represents about 7% of Yin's total holdings and a mere 0.046% of the company's total share capital, indicating a relatively small overall reduction. Coupled with the unique background of the sale being for "tax purposes related to citizenship restoration," market analysis suggests this move is more of a personal financial arrangement, with limited impact on the company's fundamental operations and long-term development prospects. As a leading enterprise in China's semiconductor equipment sector, AMEC's core business focuses on high-end semiconductor equipment such as etching tools. Yin Zhiyao, as the company's founder and key management figure, continues to have his long-term shareholding stability monitored by the market. The disclosure of this divestment plan further clarifies the compliance and rationale behind his changes in shareholding.
Yin Zhiyao, born in 1944 and previously a U.S. citizen (now restored to Chinese citizenship), holds a bachelor's degree from the University of Science and Technology of China and a Ph.D. from the University of California, Los Angeles. From 1984 to 1986, he worked at Intel's Central Technology Development division as a Process Engineer; from 1986 to 1991, he was employed at Lam Research, serving as Senior Engineer and then Senior Manager in R&D; from 1991 to 2004, he worked at Applied Materials, holding positions including Chief Technology Officer of the Plasma Etch Product Business Unit, Corporate Vice President and General Manager of the Plasma Etch Business Group, and Chief Technology Officer of the Asia Division; since 2004, he has served as Chairman and General Manager of AMEC. *Disclaimer: The above content is compiled from online sources and does not necessarily represent the views or立场 of the Semiconductor Industry Circle. It is intended for informational and exchange purposes only. For any questions or objections, please contact us via留言. Statement: This message is reprinted from a cooperative media partner. It is published on the website for the purpose of conveying more information, which does not imply endorsement of its views or confirmation of its description. The article's content is for reference only and does not constitute investment advice. Investors who act on this information do so at their own risk.
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