Business UpdateJun 22, 2026, 09:17 AM
ACM Research Reaffirms 2026 Revenue Guidance, Reports Strong Orders
AI Summary
ACM Research (Shanghai) Inc. reaffirmed its full-year 2026 revenue guidance of RMB 8.20 billion to RMB 8.80 billion, supported by a 65% year-over-year increase in newly signed orders during Q1 2026. The company highlighted strong demand for its cleaning and electroplating systems, with electroplating representing 30% of year-to-date orders. Significant progress was noted in R&D with the Lingang mini-line accelerating product development and customer qualification, including the successful shipment of its first PECVD SiCN system. The company also outlined a long-term revenue target of $4 billion and plans for Plant B expansion to increase annual output value to RMB 20 billion.
Key Highlights
- Q1 2026 newly signed orders increased by 65% year-over-year.
- Reaffirmed full-year 2026 revenue guidance of RMB 8.20 billion to RMB 8.80 billion.
- Electroplating systems comprised 30% of newly signed orders year-to-date in 2026.
- Lingang mini-line accelerates R&D and shortens customer qualification cycles.
- First PECVD SiCN system shipped in April after pre-validation at Lingang facility.
- Long-term revenue target set at $4 billion, with $1.6 billion from overseas markets.
- Plant B renovation starts H2 2026; combined annual output value with Plant A to reach RMB 20 billion.
- High-temperature Ultra Fn vertical furnace developed for high-end IGBT applications.
Price Impact
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