盛美上海: 盛美半导体设备（上海）股份有限公司2024年度向特定对象发行A股股票募集说明书（注册稿）

Core Viewpoint - The company, ACM Research (Shanghai), Inc., is preparing for a specific stock issuance to raise funds for various projects, including high-end semiconductor equipment development and working capital replenishment. The issuance has received approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission. Group 1: Issuance Details - The company plans to issue no more than 44,129,118 shares, which will not exceed 10% of the total share capital prior to the issuance [4][5] - The issuance price will be set at no less than 80% of the average trading price over the 20 trading days preceding the pricing benchmark date [4] - The final issuance price will be determined by the board of directors in consultation with the underwriters after receiving regulatory approval [4][5] Group 2: Fund Utilization - The total amount intended for investment projects is approximately 450 million yuan, with 448.2 million yuan expected to be raised from the issuance [6] - The company may adjust the order and specific amounts of investment based on project progress and funding needs [6] - If the actual net amount raised is less than the planned investment total, the company will cover the shortfall with self-raised funds [6] Group 3: Company Overview - ACM Research (Shanghai) is engaged in the manufacturing of semiconductor equipment and related services, with a focus on high-end technology [1][2] - The company is headquartered in the Shanghai Free Trade Zone and was listed on the Shanghai Stock Exchange on November 18, 2021 [1][2] - The company’s stock code is 688082, and it has a total share capital of 44,129,118 shares [1][2] Group 4: Market Context - The semiconductor equipment industry is experiencing rapid growth, driven by increasing demand in various sectors, including 5G, computing, and consumer electronics [9][10] - The Chinese market is expected to become a competitive battleground for semiconductor equipment companies, facing challenges from both international giants and new domestic entrants [9][10] - The company’s products are in direct competition with established international firms, which possess stronger financial resources and technological advantages [9][10]