Stochter
M
ME NEWS 16 Jun 2025, 20:52
ACM Research, Inc. Announces Dividend and Growth Plans for Its Chinese Subsidiary

FREMONT, Calif. — ACM Research, Inc. has announced that its primary operating subsidiary, ACM Research (Shanghai), Inc., approved key resolutions at its Annual Shareholder Meeting held in Shanghai on June 12, 2025.

Shareholders of ACM Shanghai authorized the distribution of a proposed dividend totaling approximately RMB 288.3 million (~$40.1 million), expected to be paid by year-end. However, the company noted that the dividend’s payment, net proceeds, and repatriation timeline to the U.S. remain uncertain. If received, the funds will be used for working capital and general corporate purposes.

In addition to the dividend, ACM Shanghai also approved its 2025 financial budget, which forecasts revenue growth of 16%–26% and R&D expense growth of 15%–35%, based on Chinese GAAP.

ACM Research holds an 81.1% stake in ACM Shanghai, which continues to represent a significant share of the company’s consolidated revenue and income. It also emphasized that financial results reported under Chinese GAAP may materially differ from those under U.S. GAAP, due to conversion and consolidation factors.

The company cautioned investors with a forward-looking statement disclaimer, citing potential risks and uncertainties that could impact the actual results.

Comments

No comments yet.

Ana sayfa