ACM Shanghai proposes H-share listing on HKEX to expand international reach

ACM Research, Inc.

ACM Shanghai proposes issuance of H shares and listing on The Stock Exchange of Hong Kong Limited.
Listing aims to strengthen capital base, attract talent, and enhance international competitiveness.
Controlling shareholder and actual controller will remain unchanged after the listing.
Proposal is preliminary; requires Board, shareholder, CSRC, HKEX approvals with significant uncertainty.
ACM Research (ACMR) operates ACM Shanghai, which trades on Shanghai SSE Sci-Tech board.

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