Advanced Micro-Fabrication Equipment China (SHA:688012), or AMEC, said major shareholder Shanghai Venture Capital plans to reduce its 14.9% stake in the company.
Shanghai Venture Capital intends to sell up to 6.3 million shares, or 1% through block trades Dec. 22 to March 21, 2026, according to a Monday filing with the Shanghai bourse.
Shares of the semiconductor equipment supplier were down 3% in recent trade.
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