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DESCRIPTION OF BUSINESS (Tables)
9 Months Ended
Sep. 30, 2020
DESCRIPTION OF BUSINESS [Abstract]  
Direct or Indirect Interests of Subsidiaries
The Company has direct or indirect interests in the following subsidiaries:
 
 
  
 
Effective interest held as at
 
Name of subsidiaries
Place and date of incorporation
 
September 30, 2020
   
December 31, 2019
 
ACM Research (Shanghai), Inc.
China, May 2005
   
91.7
%
   
91.7
%
ACM Research (Wuxi), Inc.
China, July 2011
   
91.7
%
   
91.7
%
CleanChip Technologies Limited
Hong Kong, June 2017
   
91.7
%
   
91.7
%
ACM Research Korea CO., LTD.
Korea, December 2017
   
91.7
%
   
91.7
%
Shengwei Research (Shanghai), Inc.
China, March 2019
   
91.7
%
   
91.7
%
ACM Research (CA), Inc.
USA, June 2019
   
91.7
%
   
91.7
%
ACM Research (Cayman), Inc.
Cayman Islands, April 2019
   
100.0
%
   
100.0
%