{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-053576","form_type":"8-K","ticker":"ACMR","cik":"0001680062","company_name":"ACM Research, Inc.","filed_at":"2025-11-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.130647+00:00","generated_at":"2026-05-16T17:38:47.382002+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 order backlog up 34% YoY to RMB 9.07B; new product momentum in PECVD and panel electroplating","bullets":["Order backlog as of Sep 29, 2025: RMB 9.072B, up 34.1% YoY; memory accounts for higher share than logic.","Gross margin expected to sustain 42-48% range; core strength in proprietary equipment technologies.","New products: PECVD two systems by year-end; panel-level horizontal electroplating to ship soon; furnace systems secured 18 customers.","Cleaning equipment offers near-full 3D NAND coverage; high-temp sulfuric acid cleaning removes particles down to 19nm.","Plan to disclose 2026 revenue outlook in January 2026; expect continued growth in output and revenue."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-053576","json":"https://secwatch.observer/filing/0001628280-25-053576.json","markdown":"https://secwatch.observer/filing/0001628280-25-053576.md","text":"https://secwatch.observer/filing/0001628280-25-053576.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1680062/000162828025053576/0001628280-25-053576-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1680062/000162828025053576/acmr-20251119.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T17:38:47.382002+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"}