ACM Shanghai Approves $40.1 Million Dividend and 2025 Financial Plan at Annual Meeting

Reuters
06-14
ACM Shanghai Approves $40.1 Million Dividend and 2025 Financial Plan at Annual Meeting

ACM Research (Shanghai), Inc., the primary operating subsidiary of ACM Research, Inc., recently held its Annual Stockholder Meeting in Shanghai, China. During the meeting, shareholders approved several key resolutions, including the distribution of a proposed dividend totaling approximately RMB 288.3 million (around $40.1 million). The dividend payment is anticipated to be completed by the end of 2025. Additionally, the shareholders approved a financial budget plan for 2025, forecasting revenue growth between 16% and 26%, and an increase in research and development expenses ranging from 15% to 35%. ACM Research owns 81.1% of ACM Shanghai's outstanding shares, providing a significant contribution to the company's consolidated revenue and net income. However, the net amount and timing of any dividend proceeds repatriated to the United States remain uncertain.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ACM Research Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-022450), on June 13, 2025, and is solely responsible for the information contained therein.

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