Advanced Micro-Fabrication Equipment Inc. China (688012.SH) announced that its wholly-owned subsidiary Advanced Micro-Fabrication Equipment (Shanghai) Co., Ltd. intends to act as a limited partner, contributing its own funds not exceeding 0.735 billion yuan, to participate in the establishment of Shanghai Zhiwei Panfeng Venture Capital Partnership (Limited Partnership). This Fund focuses on investments in the semiconductor, broader semiconductor, and strategically emerging fields. The Fund manager and general partner is Shanghai Zhiwei Private Fund Management Co., Ltd., which is an affiliate of Advanced Micro-Fabrication Equipment Inc. China. This investment needs to be submitted to the Shareholder meeting for approval and does not constitute a significant Asset restructuring.
Advanced Micro-Fabrication Equipment Inc. China intends to participate in the establishment of a private equity investment Fund with an investment amount not exceeding 0.735 billion yuan.
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