ACM Research, Inc.
Close on Oct 19, 2026
- Market cap
- $4.03B
- P/E (TTM)
- 26.6
- Dividend yield
- –
About ACM Research
Special Industry Machinery, NEC, SIC 3559
The company develops, manufactures, and sells capital equipment for the semiconductor industry. Its core front-end products include wet wafer cleaning systems, electrochemical plating equipment, vertical furnaces, plasma-enhanced chemical vapor deposition tools, and track machinery. It also supplies advanced packaging equipment, such as automated coaters, developers, photoresist strippers, scrubbers, and wet etchers, alongside spare parts and support services. Its customers include semiconductor foundries, logic device makers, memory manufacturers producing DRAM and 3D NAND flash chips, and wafer packaging enterprises.
The company operates primarily in mainland China, with additional development and subsystem production in Korea. It employs more than 2,500 people across mainland China, Taiwan, Korea, and the United States. Direct sales and technical service teams operate in mainland China, North America, Europe, and Southeast Asia, with most customer shipments delivered within Asia. Since 2009, the firm has delivered over 1,435 processing tools. The provided text does not state the location of its corporate headquarters.
Summary of the business section of ACM Research's latest annual report, written by StockData.
Company profile
Company
- Legal name
- ACM Research, Inc.
- Founded
- 1998
- Headquarters
- Fremont, CA
- Address
- 42307 Osgood Road, Suite I 94539
- Phone
- (510) 445-3700
- Website
- acmr.com
- Employees
- 2,513, Dec 31, 2025
- Industry
- Special Industry Machinery, NEC
- Incorporated in
- California
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young Hua Ming LLP, Shanghai, China
Stock & identifiers
- Ticker
- ACMR
- Exchange
- Nasdaq
- IPO date
- Nov 3, 2017
- Shares outstanding
- 70M, Aug 4, 2026
- Public float
- $1.37B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 3-for-1, Mar 31, 2022; 3-for-1, Mar 24, 2022
- SEC CIK
- 1680062
- CUSIP
- 00108J109
- ISIN
- US00108J1097
- LEI
- 549300MCTENUWL2GJL61
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| David H. Wang | See Remarks, Director | 3,161,647 |
| Mark McKechnie | See Remarks | 31,099 |
| Sotheara Cheav | See remarks | 100,002 |
| Lisa Feng | See remarks | 50,001 |
| Fuping Chen | See remarks | 0 |
| Jian Wang | See remarks | 303,159 |
| Haiping Dun | Director | 1,155,090 |
| Charles C. Pappis | Director | 5,000 |
| Tracy Liu | Director | 114,149 |
| Chenming Hu | Director | 100,002 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2024 Mr.Wang | $498.61K | -$13.61M | $357.97K | $246 | $191 |
| FY2023 Mr.Wang | $23.53M | $39.64M | $5.04M | $318 | $154 |
| FY2022 Mr.Wang | $404.98K | -$20.88M | $1.11M | $125 | $122 |
| FY2021 Mr.Wang | $398.88K | $10.77M | $240.81K | $462 | $151 |
| FY2020 Mr.Wang | $5.37M | $45.10M | $501.34K | $440 | $120 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 2,513 full-time equivalent employees, of whom 196 were in administration, 365 were in manufacturing, 1,228 were in research and development, and 724 were in sales and marketing and customer services.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Sep 26, 2023 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jul 27, 2023 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Mar 2, 2023 | Late filing | Notification of late filing |
| May 19, 2022 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Mar 27, 2020 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Nov 3, 2017 | IPO | Initial public offering priced (424B4 prospectus) |
| Nov 1, 2017 | Listing | Registration of securities on an exchange (Form 8-A) |