ACM Research (Shanghai), Inc. researches, develops, produces, and sells semiconductor equipment in China. Its products include cleaning equipment, plating and panel-level packaging systems, furnace systems, track systems, PECVD systems, and stress-free polishing systems. The company serves IC and compound semiconductor manufacturing, wafer-level and panel-level packaging, and wafer manufacturing and reclaim industries. Founded in 2005 and based in Shanghai, China, it operates as a subsidiary of ACM Research, Inc.
ACM Research Shanghai's Orders in Hand Exceed 17 Billion Yuan, Up Nearly 90% Year on Year
ACM Research Shanghai released a voluntary announcement on the evening of September 30, stating that as of September 29, 2026, the company's total orders in hand amounted to 17.073 billion yuan, an increase of 88.20 percent compared with the orders in hand voluntarily disclosed in the same period last year. The company said that since 2026, the semiconductor equipment manufacturing industry has continued its rapid growth trend, and the company's revenue has maintained sustained growth. The previously released half-year report showed that operating revenue in the first half of the year reached 3.718 billion yuan, up 13.87 percent year on year, while net profit attributable to the parent company was 989 million yuan, up 42.14 percent year on year. The company has already disclosed its full-year 2026 earnings forecast, expecting annual operating revenue to be between 8.2 billion and 8.8 billion yuan.
Semiconductors › Deposition, Etch & Process Tools ▲Demand
688082.CG · Demand · Positive Total orders in hand reached 17.073 billion yuan, up 88.20% year on year, signaling strong customer demand for its semiconductor equipment.
ACM Research Shanghai first-half 2026 net profit rises 42.14% year-on-year
ACM Research Shanghai released its 2026 semi-annual report, achieving operating revenue of 3.718 billion yuan, up 13.87 percent year-on-year. Net profit attributable to shareholders of the listed company was 989 million yuan, an increase of 42.14 percent year-on-year. Second-quarter net profit was 885 million yuan, a quarter-on-quarter surge of 748 percent from the 104 million yuan in the first quarter.
Cambricon first-half net profit up 123% year-on-year
Cambricon released its 2026 half-year report, achieving operating revenue of 5.996 billion yuan, up 108.13% year-on-year, and net profit attributable to shareholders of the listed company of 2.311 billion yuan, up 122.61% year-on-year. The company said that demand in the AI computing power market is steadily rising, and it continues to deepen cooperation with leading enterprises in the finance and internet sectors by leveraging its core competitiveness in AI chips. As of the end of the period, prepayments stood at 2.914 billion yuan, up 291.37% year-on-year, and inventory book value was 8.248 billion yuan, up 66.83% year-on-year, accounting for 45.32% of total assets at period-end. In addition, SK Hynix announced it will build new wafer fabs in Yongin and Cheongju, South Korea, with a combined investment of about 54 trillion won, approximately 38.4 billion US dollars, to meet the growing demand for memory chips in the AI era. Biwin Storage's holding subsidiary Guangdong Xinchenghanqi plans to increase capital and expand shares by introducing external investors, with total financing in this round not exceeding 600 million yuan. Zhongjuxin's half-year 2026 net profit grew 72.75% year-on-year. Telink Semiconductor terminated the matter of issuing shares and paying cash to acquire 100% equity of Shanghai Panchip Microelectronics and raising supporting funds. ACM Research's first-half net profit rose 42.14% year-on-year. Focuslight Technologies plans a private placement to raise no more than 1.021 billion yuan for a high-end optical interconnect core optical component R&D and industrialization capacity building project. ST Hangtu and its actual controller Wang Yuxiang were placed on file by the CSRC for suspected illegal information disclosure. Aerospace Yuxing completed nearly 2 billion yuan in Series D financing, with its valuation exceeding 10 billion yuan, joining the ranks of commercial aerospace unicorns.
Taiwan raids 64 locations, investigates 17 Chinese companies over illegal poaching of high-tech talent
Taiwan launched an operation raiding 64 locations and questioning 114 individuals in an investigation into 17 Chinese companies suspected of illegally recruiting chip engineers and advanced technology personnel. Between July 13 and August 4, more than 330 officers conducted searches nationwide after discovering that several Chinese companies may have set up offices in Taiwan without authorization and used methods to circumvent the law to poach semiconductor and high-tech talent. The companies identified include those listed on Chinese stock exchanges, such as ACM Research Shanghai, a semiconductor equipment maker; Goke Microelectronics, an integrated circuit design firm; Zhuhai CosMX Battery, a battery manufacturer; and Actions Technology, a chip design company. Taiwanese authorities stated that many Chinese companies disguised themselves as Taiwanese or foreign firms to conceal their identities and sent employees to illegally recruit personnel, which could undermine the country's competitive advantage. A similar operation was conducted earlier in March.
300672.CS · Regulation · Negative Goke Microelectronics is investigated by Taiwan for illegally recruiting semiconductor engineers, which could lead to penalties and reputational damage.
688082.CG · Regulation · Negative Taiwan raids and investigates ACM Research Shanghai for illegally poaching chip talent, potentially harming its operations and reputation.
688772.CG · Regulation · Negative Zhuhai CosMX Battery is among the Chinese companies raided by Taiwan for illegal recruitment of high-tech talent, facing legal and operational risks.
Hundred-billion-yuan private equity firms' June research roadmap: electronics sector alone accounts for 30%, these stocks are in focus
Data from PaiPaiWang shows that in June, 680 private equity firms conducted research on A-shares, covering 356 stocks across 28 Shenwan first-level industries, with a total of 1,506 research visits. The electronics sector alone accounted for 30% with 455 visits and 72 stocks, significantly ahead of other sectors such as machinery equipment, computers, electrical equipment, and basic chemicals. Among hundred-billion-yuan private equity firms, 45 firms conducted a total of 234 research visits, with Gaoyi Asset, Juming Investment, Danshui Quan, Hexie Huiyi Asset, and Panjing Investment ranking among the top ten in research frequency. TCL Technology and Crystal Optoelectronics each received 45 research visits, tying for second place, while ACM Research Shanghai led with an 88.61% monthly gain and attracted 22 institutional visits. Industry insiders note that growth-style managers allocated heavily to communications and semiconductors in the first half and reaped performance gains, while balanced-style managers also increased their holdings in tech stocks. Looking ahead, Danshui Quan believes the structural market will persist, Xingshi Investment highlights the need to watch for first-half earnings delivery, and Gao Yuncheng states that major global investment opportunities will revolve around AI infrastructure, semiconductors, and related areas.
688082.CG · Capital · Positive ACM Research Shanghai led with an 88.61% monthly gain and attracted 22 institutional visits, indicating strong investor interest.
000100.CS · Capital · Neutral TCL Technology received 45 research visits, tying for second place, but no specific positive or negative news about the company itself.
002273.CS · Capital · Neutral Crystal Optoelectronics received 45 research visits, tying for second place, but no specific positive or negative news about the company itself.
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