secwatch.observer — SEC 8-K summary
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Issuer:     ACM Research, Inc. (ACMR)
CIK:        0001680062
Form:       8-K
Filed at:   2024-09-30T23:59:59+00:00
Accession:  0001140361-24-042339
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACM Shanghai backlog flat YoY at RMB 6.76B; orders under contract up 3.66%
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- Total backlog of RMB 6,764.6M ($964.8M) as of Sep 30, 2024 vs RMB 6,795.8M a year ago, down 0.46%.
- Orders under contract rose 3.66% YoY to RMB 6,764.6M; orders awarded by formal bidding pending contract dropped to zero from RMB 270.1M.
- ACM Shanghai to report nine-month results on Oct 30, 2024; ACM to release preliminary results same day and full Q3 results in early Nov.
- Backlog is a non-GAAP measure; includes shipped tools not yet recognized as revenue and expected future shipments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1680062/000114036124042339/0001140361-24-042339-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1680062/000114036124042339/ef20036373_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-042339

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer