ACM Research

ACM Research, Inc. Class A Common Stock represents equity in ACM Research, a semiconductor capital equipment company focused on wafer processing solutions for advanced chip manufacturing. ACM Research develops, manufactures, and sells tools used in cleaning, electroplating, polishing, furnace processing, track systems, plasma-enhanced chemical vapor deposition, and wafer- and panel-level packaging. Its products are designed to remove particles and contaminants, improve process control, and support high-yield production across foundry, logic, memory, and advanced packaging applications. The company serves semiconductor manufacturers operating in China and other international markets, positioning it as a specialized supplier within the broader semiconductor equipment industry. ACM Research’s portfolio addresses multiple stages of semiconductor fabrication, making it relevant to customers that need process equipment for both conventional manufacturing steps and more advanced device architectures.