0001628280-26-037552
SEC filingACM Research filed an 8-K furnishing a record of investor relations activity from its subsidiary ACM Shanghai, including Q1 2026 new order growth of 65% year-over-year and updates on high-temperature SPM tools.
ACM Research, Inc. filed a Current Report on Form 8-K on May 22, 2026, to furnish a Record of May 2026 Investor Relations Activity (Exhibit 99.1) that its operating subsidiary, ACM Research (Shanghai), Inc. ("ACM Shanghai"), filed with the Shanghai Stock Exchange on May 19, 2026. The Record summarizes a conference call held on May 14, 2026, during which management reviewed ACM Shanghai's operating results and financial condition for the first quarter of 2026 and responded to investor questions.
Key disclosures from the Record include a 65% year-over-year growth rate in orders newly signed in the first quarter of 2026, which management stated provides a favorable foundation for revenue growth. The company kept its 2026 revenue guidance unchanged, noting that the timing of order delivery depends on installation, commissioning, inspection, and customer acceptance, with an average delivery cycle of approximately six months. Some orders signed in the first quarter will be delivered in 2026, while others will carry over into the first quarter of 2027.
Management provided an update on the company's high-temperature single-wafer SPM cleaning solution, which delivers particle control down to 15 particles at the 15 nm level, materially better than mainstream solutions. The unique nozzle design, with a global patent application in progress, eliminates the need for periodic DI water cleaning of chambers, potentially improving yield for logic and memory customers and reducing maintenance. The company plans to further improve performance to 13nm to meet future advanced process requirements. Management believes this technology may improve yield for large-die AI chips at advanced nodes and create substantial commercial value for the AI chip manufacturing market. The tool has attracted interest from both domestic and overseas customers, and the company expects to deliver more than 20 medium- to low-temperature and high-temperature SPM tools to multiple customers in 2026.
The Record also includes a list of 86 participants from various investment firms and financial institutions. The information is furnished and not deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934.