Acm Research (Shanghai), Inc. (688082.SH): Revenue for the year 2023 was 3.88 billion yuan, a year-on-year increase of 35.34%.

On the evening of the 28th, Acm Research (Shanghai), Inc. (688082.SH) disclosed its annual report for 2023. The report shows that the company achieved a full-year revenue of 3.88 billion yuan, a year-on-year increase of 35.34%, and a net profit attributable to the shareholders of the listed company of 911 million yuan, a year-on-year increase of 36.21%. Revenue and net profit both achieved significant growth. Regarding the high-speed growth in performance, Acm Research (Shanghai), Inc. stated that the main reasons were continuous benefits from the increasing demand for semiconductor industry equipment in China, continuous growth in sales orders, certain achievements in expanding new customers and developing new markets, and customer recognition and steady growth in order volume for new products. The company plans to distribute cash dividends of 273,188,545.44 yuan (including tax) for 2023, accounting for 30% of the net profit attributable to the parent company's shareholders in the consolidated financial statements for 2023, with a cash dividend of 6.27 yuan (including tax) per 10 shares. After experiencing a gradual recovery in the consumer electronics market in 2023, the global semiconductor market is becoming more active, with downstream market demand driving continuous growth in the scale of global semiconductor specialized equipment. Meanwhile, as the scale of the semiconductor equipment market gradually expands, leading semiconductor equipment companies are accelerating their platform layout to create a diversified growth path for themselves and enhance their overall competitiveness. According to the company's annual report, influenced by the prospects of the semiconductor industry and the diversification of its product structure, the company's revenue from semiconductor cleaning equipment in 2023 was 2.614 billion yuan, a year-on-year increase of approximately 25.79%; the revenue from other semiconductor equipment in 2023 (electroplating, vertical furnace, stress-free copper plating equipment, etc.) was 940 million yuan, a year-on-year increase of approximately 81.57%; and the revenue from advanced packaging wet processing equipment in 2023 was 160 million yuan, a year-on-year increase of approximately 0.09%. The trend of diversified product revenue growth is significant. In terms of customer expansion, Acm Research (Shanghai), Inc. continues to adhere to global customer expansion, forming stable cooperation relationships with leading domestic and foreign semiconductor companies and continuously receiving repeat orders. The company is also actively expanding its presence among well-known customers outside mainland China. In February 2023, the company received a purchase order for single wafer SAPS megasonic cleaning equipment from a global semiconductor manufacturer in Europe, which was delivered to the customer at the end of the third quarter. In March 2023, the company received its first purchase order for Ultra C SiC carbide substrate cleaning equipment and delivered it to the customer in the third quarter. Continued expansion of new customers lays a solid foundation for the company's high growth in performance. According to the operating performance forecast for 2024 disclosed by Acm Research (Shanghai), Inc. on January 10, 2024, the company expects the annual revenue for 2024 to be between 5.00 billion and 5.80 billion yuan, representing a growth of approximately 28.60%-49.18% compared to 2023, maintaining continuous high growth.