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DESCRIPTION OF BUSINESS (Tables)
12 Months Ended
Dec. 31, 2021
DESCRIPTION OF BUSINESS [Abstract]  
Direct or Indirect Interests of Subsidiaries

The Company has direct or indirect interests in the following subsidiaries:

Place and date of
Effective interest held as at
December 31,
Name of subsidiaries
incorporation
2021
2020
ACM Research (Shanghai), Inc.
PRC, May 2005
82.5%
91.7%
ACM Research (Wuxi), Inc.
PRC, July 2011
82.5%
91.7%
CleanChip Technologies Limited
Hong Kong, September 2017
82.5%
91.7%
ACM Research Korea CO., LTD.
Korea, December 2017
82.5%
91.7%
Shengwei Research (Shanghai), Inc.
PRC, March 2019
82.5%
91.7%
ACM Research (CA), Inc.
USA, April 2019
82.5%
91.7%
ACM Research (Cayman), Inc.
Cayman Islands, April 2019
100.0%
100.0%
ACM Research (Singapore) PTE. Ltd.
Singapore, August 2021
100.0%
NM