Advanced Micro-Fabrication Equipment China (SHA:688012) or AMEC as agreed to acquire an additional stake in Qinghe Jingyuan Semiconductor Technology through a capital increase, according to a Shanghai Stock Exchange filing on Tuesday.
The Chinese chip gear manufacturer's wholly owned subsidiary, Zhongwei Lingang, plans to invest 35 million yuan to subscribe for 9,042 yuan in newly registered capital, representing a 0.50% equity interest in Jingyuan Semiconductor.
Combined with previous holdings, AMEC's total ownership in Jingyuan Semiconductor will rise to 7.07%.
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