Research Disclosures & Disclaimers

This website contains disclosures and disclaimers related to
published UBS Global Research products, including those related to
regulation, potential conflicts of interest as well as those provided
by third-party data providers describing limitations on use of their
products.

ACM Research (Shanghai) (688082.SS)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (Rmb)	Price Target (Rmb)	Rating
2022-02-11	79.60	-	No Rating
2022-11-23	85.75	78.50	Sell
2023-02-23	86.14	74.50	Sell
2023-06-14	124.73	128.50	Neutral
2023-10-25	117.00	132.50	Neutral
2024-03-05	94.15	108.00	Neutral
2024-07-03	87.77	-	No Rating
2024-08-08	96.60	108.00	Neutral
2024-09-12	81.81	91.50	Neutral
2024-11-28	111.11	120.10	Neutral
2025-01-20	100.50	110.80	Neutral
2025-03-10	109.60	122.00	Neutral

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.