ACM Shanghai provides 2024 business update: furnace customers double, Tahoe cleaning gains traction

ACM Research, Inc.

Furnace equipment customer count grew to 17 at end-2024, up from 9 a year earlier; expects accelerating revenue contribution in 2025.
Tahoe cleaning equipment reduces sulfuric acid consumption by up to 75%; received repeat orders from a logic manufacturer and verified at a major memory maker.
Cleaning and plating products hold over 30% market share in China; cleaning solutions cover ~90-95% of process steps from upstream to downstream.
New 300WPH KrF-line Track equipment expected to be delivered by mid-2025 for verification; confident in localization of high-end Track in China.
Panel-level horizontal plating equipment won 'Technology Enablement Award' from 3D InCites; capable of processing up to 600x600 mm panels.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.