ACM Research, Inc.

ACM Research (Shanghai), Inc., a subsidiary of ACM Research, Inc., announced its board's approval for an H Share Listing on the Main Board of The Stock Exchange of Hong Kong Limited. The offering proposes to issue H shares representing no more than 7% of its total issued share capital, with an over-allotment option for up to 15% of the initial offering. Proceeds are earmarked for product development, R&D, global market expansion, working capital, and bank loan repayment. The plan requires shareholder and regulatory approvals.

ACM Research (Shanghai) reported a 65% year-over-year growth in newly signed orders for Q1 2026, establishing a strong base for future revenue. The company maintained its 2026 revenue guidance, noting that order delivery cycles average six months. Management also highlighted significant progress in its high-temperature single-wafer SPM solution, which offers superior particle control and a unique nozzle design to prevent contamination, potentially improving yield for advanced AI chips and reducing maintenance.

ACM Research, Inc. announced the consummation of its previously disclosed registered direct offering. The company issued and sold an aggregate of 2,884,615 shares of Class A common stock at an offering price of $52.00 per share. Following the deduction of estimated offering expenses, ACM Research received net proceeds of approximately $149,849,980.

ACM Research, Inc. entered into a Securities Purchase Agreement on May 12, 2026, with institutional investors managed by Tekne Capital Management, LLC. The company will issue and sell an aggregate of 2,884,615 shares of Class A common stock at an offering price of $52.00 per share in a registered direct offering. The closing of the offering is expected around May 15, 2026, and is anticipated to generate approximately $149.85 million in net proceeds. These funds are earmarked for U.S. and global expansion, as well as general corporate purposes.

ACM Research reported a 34% increase in Q1 2026 revenue to $231.3 million, driven by strong growth in ECP, Furnace, and other technologies. However, net income attributable to ACM Research, Inc. decreased by 15% to $17.3 million, resulting in diluted EPS of $0.24. The company also completed the sale of approximately 4.8 million shares of its subsidiary, ACM Shanghai, for $110.2 million gross proceeds, reducing its ownership to 73.6%.

ACM Research reported Q1 2026 revenue of $231.3 million, a 34.2% increase year-over-year, with shipments rising 53.6% to $240.7 million. Despite strong top-line growth, GAAP net income attributable to ACM Research, Inc. decreased to $17.3 million from $20.4 million in Q1 2025, and diluted EPS was $0.24. The company maintained its full-year 2026 revenue guidance of $1.08 billion to $1.175 billion and announced new product introductions and a proposed Hong Kong listing for its principal operating subsidiary.

ACM Research reported a solid start to 2026 with first-quarter revenue of $231.3 million, a 34% increase year-over-year, and shipments of $240.7 million, up 54%. Growth was driven by strong performance in ECP and advanced packaging applications. The company also announced the ACM Planetary Family product portfolio, shipped new PECVD and advanced packaging systems, and is pursuing a proposed Hong Kong listing for its principal operating subsidiary, ACM Shanghai, while maintaining its 2026 revenue outlook of $1.08 billion to $1.175 billion.

ACM Research, Inc. (ACMR) announced its 2026 Annual Meeting of Stockholders will be held virtually on June 10, 2026, at 7 a.m. Pacific time. Stockholders as of the April 13, 2026 record date will vote on the election of four directors and the ratification of Ernst & Young Hua Ming LLP as the independent auditor for 2026. The company emphasizes the virtual format to enhance stockholder participation and accessibility.

ACM Research, Inc. announced preliminary unaudited revenue and shipments for the first quarter of 2026. The company issued a press release on April 27, 2026, detailing these preliminary results. This information was furnished as Exhibit 99.1 to an 8-K filing.

ACM Research, Inc. announced preliminary unaudited revenue for Q1 2026 is expected to be in the range of $225 million to $230 million, representing 31% to 33% year-over-year growth. Preliminary total shipments for the quarter are expected to be $233 million to $238 million, a 49% to 52% YoY increase. The company also reaffirmed its full-year 2026 revenue outlook of $1.08 billion to $1.175 billion, indicating 20% to 30% YoY growth.