{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-032195","form_type":"8-K","ticker":"ACMR","cik":"0001680062","company_name":"ACM Research, Inc.","filed_at":"2025-08-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.620847+00:00","generated_at":"2026-05-17T10:53:03.427113+00:00","sec_items":["8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ACM Shanghai Q2 revenue up ~40% sequentially, raises China SAM target to $7B","bullets":["Q2 2025 revenue grew nearly 40% sequentially, led by cleaning and electroplating equipment.","Long-term SAM in China raised from $5B to $7B based on third-party data and equipment market estimate of $40B by 2030.","Full-year revenue guidance maintained at RMB 6.5–7.1B; any revision depends on H2 performance.","Lingang Factory A at full RMB 10B capacity; Factory B to add RMB 20B capacity, expected production in H2 2026.","Differences in quarterly reports between ACM Shanghai (PRC GAAP) and ACMR (US GAAP) due to revenue recognition timing for repeat orders."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-032195","json":"https://secwatch.observer/filing/0001140361-25-032195.json","markdown":"https://secwatch.observer/filing/0001140361-25-032195.md","text":"https://secwatch.observer/filing/0001140361-25-032195.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1680062/000114036125032195/0001140361-25-032195-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1680062/000114036125032195/ef20054319_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T10:53:03.427113+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}