ACM Research (Shanghai), Inc. has announced its Shareholder Inquiry-Based Transfer Plan, detailing the transfer of 4,801,648 shares, representing 1.00% of the total share capital of ACM Shanghai. As of January 30, 2026, ACMR US holds 357,692,308 shares, accounting for 74.49% of the total share capital. The transferor has committed to having sufficient pre-IPO shares available for transfer and to strictly comply with all relevant obligations.
The floor price for the transfer has been set at not lower than 70% of the average trading price of the shares over the 20 trading days preceding January 30, 2026. The transfer price will be determined based on the principles of price priority, volume priority, and time priority. The Inquiry-Based Transfer will be organized and implemented by Guotai Haitong Securities Co., Ltd.
Institutional investors intending to participate in the transfer must possess corresponding pricing capabilities and risk tolerance. ACM Shanghai has disclosed that it has no operational risks, that the transfer does not involve any circumstances that may result in a change in control, and that there are no other material matters that should be disclosed but have not been disclosed.
The implementation of the Inquiry-Based Transfer plan carries the risk that shares may be judicially frozen or seized due to unforeseen circumstances, affecting the transfer's implementation. Additionally, the plan is subject to the risk of suspension due to significant changes in market conditions.
For more details, please refer to the attached document titled "Verification Opinion of Guotai Haitong Securities Co., Ltd. on Relevant Qualifications of Shareholders of ACM Research (Shanghai), Inc. for the Inquiry-Based Transfer of Shares to Specific Institutional Investors," disclosed concurrently with the announcement. Following these announcements, the company's shares moved 2.73%, and are now trading at a price of $53.62. For the full picture, make sure to review ACM Research's 8-K report.
