Ge Long Hui A P P·2025-08-11 03:16Core Viewpoint - ASMPT is strategically optimizing its manufacturing operations in China by closing its Advanced Semiconductor Equipment (Shenzhen) Co., Ltd. (AEC), impacting approximately 950 employees, to enhance global supply chain efficiency and align with market dynamics and customer demands [1] Group 1: Company Operations - The closure of AEC is aimed at improving the cost competitiveness, flexibility, and resilience of the group's global manufacturing and supply chain operations [1] - AEC is part of the group's semiconductor solutions division, primarily engaged in internal manufacturing operations located in Bao'an District, Shenzhen [1] - The board believes that voluntary liquidation aligns with the overall interests of the company and its shareholders [1] Group 2: Financial Impact - The estimated one-time restructuring cost associated with the voluntary liquidation of AEC is approximately 360 million RMB, which includes severance pay, shutdown-related costs, and inventory write-offs [1] - The expected annual cost savings from the voluntary liquidation, based on current production levels, is approximately 115 million RMB, thereby enhancing the group's operational cost efficiency [1] - The board anticipates that the voluntary liquidation will not have any significant adverse impact on the group's operations [1]