Securities code: 688012 Securities abbreviation: China Micro Corporation Announcement No.: 2025-004

China Micro Semiconductor Equipment (Shanghai) Co., Ltd

Announcement on the establishment of wholly-owned subsidiaries through foreign investment

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

Important Content Notes:

AMEC Semiconductor Equipment (Shanghai) Co., Ltd. (hereinafter referred to as the "Company" or "AMEC")

It is planned to invest in the establishment of a wholly-owned subsidiary, China Micro Semiconductor Equipment (Chengdu) Co., Ltd., in Chengdu High-tech Zone

Division (hereinafter referred to as the "Project Company", the specific name shall be approved by the market supervision and administration department at that time.)

Quasi), the construction of R&D and production base and southwest headquarters project.

Between 2025 and 2030, the total investment in the project will be about 3.05 billion yuan. The registered capital of the project company is:

100 million RMB.

This outbound investment does not involve related party transactions and major asset restructuring.

Relevant Risk Warning:

1. Technical risk: It is difficult to develop the core technology of the project company, which may lead to the delay of the R&D progress.

2. Market risk, fluctuating semiconductor market demand or intensified competition may affect the realization of sales targets.

3. Policy risks: Policy changes may adversely affect the project company's land supply and support policies.

4. To manage risks, the project scale is large, and it is necessary to effectively coordinate the resources of all parties to ensure that the construction and production are completed on time.

The company will strengthen the construction of technical team, strengthen market research, maintain close communication with government departments, and optimize the project management process to reduce potential risks.

1. Overview of foreign investment

(1) The basic situation of foreign investment

The company plans to invest in the establishment of a wholly-owned subsidiary, China Micro Semiconductor Equipment (Chengdu) Co., Ltd. (the specific name is subject to the approval of the market supervision and management department at that time), in Chengdu High-tech Zone, to build a R&D and production base and southwest headquarters project. The implementation of the project will help the company expand the business scope of integrated circuit equipment, enhance technology research and development capabilities, and increase market share.

Between 2025 and 2030, the total investment in the project will be about 3.05 billion yuan. The registered capital of the project company is 100 million

RMB.

(2) Decision-making and approval procedures for foreign investment

This matter has been deliberated and approved by the first meeting of the third board of directors of the company, and does not need to be submitted to the general meeting of shareholders of the company for deliberation.

(3) This matter is not a related party transaction and does not constitute a major asset restructuring as stipulated in the Administrative Measures for the Material Asset Restructuring of Listed Companies.

Second, the basic situation of the investment target

(1) The basic information of the project company

Company name: China Micro Semiconductor Equipment (Chengdu) Co., Ltd

Legal representative: Yin Zhiyao

Founded: February 2025

Registered capital: 100 million RMB

Source of funds: AMEC's own funds

Investment ratio: AMEC holds 100% equity of the project company

Registered address: 609, Unit 2, Building 2, IC Design Industrial Park, No. 2, Heshun Road, Pidu District, Chengdu

Business scope: R&D, assembly of integrated circuit equipment, pan-semiconductor equipment and other micro-processing equipment and environmental protection equipment, including supporting equipment and spare parts, sales of self-produced products, providing technical advice and technical services.

The situation of the project company shall be subject to the approval of the market supervision and administration department at that time.

(2) The specific situation of the investment project

The project company will build a R&D center, manufacturing base, office space and ancillary facilities in the high-tech zone, equipped with advanced automated production lines and high-precision testing equipment to meet the needs of mass production. The project company will actively promote the company's upstream and downstream supply chain enterprises to settle in Chengdu High-tech Zone, and promote the formation of a semiconductor high-end equipment industry chain cluster.

The project company will carry out the R&D and production of chemical vapor deposition equipment, atomic layer deposition equipment and other key equipment for high-end logic and memory chips. After its establishment, the project company will strengthen cooperation with universities and research institutes in Chengdu, promote the integration of production, education and research through joint research and development, and cultivate innovative talents, so as to enhance regional scientific and technological innovation capabilities.

(3) Land and construction scale of investment projects

The project company covers an area of about 50 acres, including a R&D center, production base and supporting facilities.

(4) The expected economic benefits of the investment project

The project company expects annual sales to reach 1 billion yuan by 2030, helping the regional semiconductor industry chain

Upgrade.

3. The main content of the investment agreement signed with the government

For the successful implementation of the project company, AMEC will sign an investment agreement with the Management Committee of Chengdu High-tech Industrial Development Zone on the implementation of the investment. The Management Committee of Chengdu High-tech Industrial Development Zone is committed to providing policy support and infrastructure guarantee for settled enterprises.

The main contents of the investment agreement are as follows:

1. The total investment amount

The total investment of the project is about 3.05 billion yuan.

2. Land use

The project land is about 50 acres, and the land use period is 50 years.

3. Project progress

The project is scheduled to start construction in 2025 and start production in 2027.

Fourth, the impact of foreign investment on listed companies

By setting up a project company, enhancing R&D capabilities and expanding production capacity, the company will further consolidate its dominant position in the field of high-end semiconductor equipment. After the completion of the project, it will increase the company's overall operating income and form a strong support for the performance growth of listed companies.

5. Risk analysis of foreign investment

1. Technical risk: It is difficult to develop the core technology of the project company, which may lead to the delay of the R&D progress.

2. Market risk, fluctuating semiconductor market demand or intensified competition may affect the realization of sales targets.

3. Policy risks: Policy changes may adversely affect the project company's land supply and support policies.

4. To manage risks, the project scale is large, and it is necessary to effectively coordinate the resources of all parties to ensure that the construction and production are completed on time.

The company will strengthen the construction of technical team, strengthen market research, maintain close communication with government departments, and optimize the project management process to reduce potential risks.

The announcement is hereby made.

Board of Directors of AMEC Semiconductor Equipment (Shanghai) Co., Ltd

January 15, 2025