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FREMONT, CA - ACM Research, Inc. (NASDAQ:ACMR), a company specializing in manufacturing equipment for the semiconductor industry, disclosed an update on its investor relations activities in a recent SEC filing. The company, which has achieved impressive revenue growth of 40% over the last twelve months and maintains a healthy market capitalization of $1.75 billion, filed the update on March 20, 2025. The filing reveals that ACM Research’s operating subsidiary, ACM Research (Shanghai), Inc., has filed a Record of March 2025 Investor Relations Activity with the Shanghai Stock Exchange (SSE (LON:SSE)). According to InvestingPro analysis, ACMR demonstrates strong financial health with a "GREAT" overall rating.
The document, which was posted on the SSE website on March 20, details the company’s recent interactions with investors. ACM Research is headquartered in Fremont, California, and its shares are traded on the Nasdaq Stock Market LLC under the ticker symbol ACMR. The stock has shown remarkable performance, delivering a 78% return year-to-date, while maintaining a moderate P/E ratio of 16.7.
The 8-K filing, which serves to inform the United States Securities and Exchange Commission (SEC) of significant events, indicates that the information provided, including the attached Exhibit 99.1, is not to be considered "filed" for regulatory purposes, nor is it to be deemed incorporated by reference into any of ACM Research’s filings under the Securities Act of 1933, as amended.
ACM Research’s filing comes as part of its compliance with the SSE’s rules governing the STAR Market, where ACM Shanghai’s shares are listed. The STAR Market is a stock exchange designed to support technology companies in China.
The 8-K report was signed by Mark McKechnie, the Chief Financial Officer and Treasurer of ACM Research, Inc., and was filed with the SEC on March 24, 2025. The company has not provided further details on the content of the investor relations record or the nature of its investor interactions.
This disclosure is based on the company’s recent SEC filing and is intended to provide shareholders and the public with relevant information about ACM Research’s investor relations activities. InvestingPro analysis suggests ACMR is currently undervalued, with additional insights available in the comprehensive Pro Research Report, which provides deep-dive analysis of this and 1,400+ other US stocks.
In other recent news, ACM Research reported its fourth-quarter 2024 earnings, surpassing Wall Street expectations with an earnings per share of $0.56, compared to a forecast of $0.3357. The company also reported revenue of $223.5 million for the quarter, exceeding the forecast of $181.08 million, marking a 31.2% year-over-year increase. For the full year, ACM Research’s revenue reached $782.1 million, a 40.2% increase from the previous year. The company projects 2025 revenue of $850-950 million, reflecting a 15% year-over-year growth.
Additionally, JPMorgan analysts have initiated coverage on ACM Research with an Overweight rating and set a price target of $36.00, citing the company’s strong position in the semiconductor industry, particularly within the Chinese market. The analysts highlighted ACM Research’s leadership in wafer cleaning and electrochemical plating technologies as key growth drivers. In other developments, ACM Research announced the appointment of Charlie Pappis to its Board of Directors. Pappis brings over four decades of experience in the semiconductor industry, which is expected to support the company’s growth strategy.
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