ACM Research announced on June 28 that all fund-raising initiatives for its initial public offering (IPO) have been successfully completed. These projects encompass semiconductor equipment research and manufacturing centers, advanced semiconductor equipment development, working capital enhancements, and the expansion of R&D projects. Each of these endeavors has either met its intended usage state or finalized its investment. In total, RMB 3.105905 billion has been invested, resulting in a net interest and financial management income of RMB 20.62 million after deducting associated fees. Consequently, a balance of RMB 190.5865 million remains from the raised funds, currently unutilized.