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Good day, and welcome to ACM Research's 2026 Annual Meeting of Stockholders. I would now like to turn the conference over to David Wong, Chair of the Board, President, and Chief Executive Officer of ACM research. Please go ahead. Good morning to those in the United States, and good evening to those of you in Asia. I'm David Wang, the Chair of the Board, President and Chief Executive Officer of ACM Research. I will also be serving as the Chair of the meeting. On behalf of the board, it is my privilege to welcome you to ACM research 2026 Annual Meeting of Shareholders, which were, again, hosted by the webcast. I would like to introduce Mark McCurkney, the Chief Financial Officer, Executive Vice President, Treasurer, and the Secretary of ACM Research. Mark will lead the discussion of today's shareholder proposals. Thank you, David. Welcome all to this year's Annual Meeting. The meeting and the question and answer session will be conducted in accordance with the rules of conduct and procedures for the meeting, which you can access under the heading Meeting Materials on the virtual meeting website. Any questions that you may have should be limited to the proposals to be voted on at this meeting as set forth in the proxy statement. I would like to begin by introducing some of the teams who have been critical to ACM research this past year. First, I am pleased to identify the individuals who, together with David, comprise ACM Research's Board of Directors. Dr. Hai-Ting Dun, Tracy Liu, and Charlie Pappas. Next, I would like to introduce Lisa Fung, Chief Financial Officer of ACM Research Shanghai Incorporated, subsidiary of ACR Research. Also joining us today is Jason Dreibelbus of K.L. Gates, LLP, our legal counsel. Jason is serving as the reporter for this meeting. I would just like to introduced Sarah Ju and Candy Wu of Ernst & Young Hua Ming LLP, the independent auditor of ACM Research, Inc. Finally, I would like to introduce Kathy Whedon, who's serving as Inspector of Elections for this meeting. We will now review the background informalities related to the matters to be voted upon at this meeting. On April 27, 2026, we filed the proxy statement and related materials with the United States Securities and Exchange Commission pertaining to today's annual meeting. On April 27th, 2026, we also began mailing notices regarding the availability of those proxy materials to our stockholders of record as of 5 p.m. Eastern Time on April 13th, 2026 where the stockholders intended to vote at this meeting. I have received an affidavit from Broadridge Financial Solutions Incorporated certifying that beginning on April 27th, 2026, the records relating to the annual meeting were processed, distributed, mailed, and deposited with the United States Post Office and sent to all stockholders of record as of 5 p.m. Eastern Time on April 13th, 26. This affidavit, along with the complete alphabetical listing of stockholders entitled to vote at this meeting, is available for inspection by any stockholder and will be filed with the records of the meeting. The proxy materials identify two proposals to be considered at this meeting. One, the election of four directorate nominees, and two, the ratification of the appointment of Ernst & Young Huaming LLC as our independent auditor for the 2026 fiscal year. If you have already delivered a proxy to ACM Research, your stock will be voted as you have specified in your proxy. If you are a stockholder and you've not already delivered a proxy or you'd like to change any of the votes reflected on your proxy, you may vote by clicking the voting buttons on your screen. The polls are now open for each of the matters on which the stockholders will vote at this meeting. The polls will remain open until each of the matter to be voted upon has been presented and I have announced the polls have been closed. The inspector of the elections has tallied the proxies received. That count shows the majority of votes attributable to the outstanding shares of Class A and Class B common stock. Voting as a single class is present in person or by proxy. This constitutes a quorum for the transaction of business at this annual meeting. Later in the meeting, I'll provide information reported by the inspector of elections about the voting power present at this meeting in person, or by proxy. Since a quorum is present, we may proceed to present and vote on the matters described in the proxy statement. Proposal number one is the election of directors. At ACM Research, the entire board of directors is elected annually. Each director must be elected by a plurality of votes present in person or represented by proxy at this meeting and entitled to vote on on the matter. The four nominees for election at this meeting are David H. Wong, Hai-Ting Dunn, Jesse Liu, and Charlie Pappas. Proposal two is the ratification of the Audit Committee's appointment of Ernst & Young, Hua Ming, LLP as ACM Research's independent auditor for 2026. This ratification requires approval by affirmative votes, constituting a majority of the votes present in person or by proxy. I am checking for votes as we speak, or for questions. As there are no questions regarding the proxy proposals, this concludes the business items on the agenda for this annual meeting. The polls are now closed. the Inspector of Elections has advised us in her report of the follow-up voting results. There are present at this meeting, in person or by proxy, the holders of Class A and Class B common stock entitled to cast an aggregate of 135,814,480 votes, representing 84.3% of the voting power of the stock entitled to vote at this meeting. First, a plurality of the votes in the election of directors have been cast for the election of each nominee. Second, a majority of votes cast on the matter have been asked for the ratification of the appointment of Ernst & Young, Hua Ming, LLC, as our independent auditor for 2026. Based on the report of the Inspector of Elections, I declare that all of the proposals have been approved. As Secretary, I will incorporate the formal report of the Inspector of Elections, including the results of the votes and the record of this meeting. I will now hand the meeting back to the Chair. Thank you for joining our 2026th Annual Meeting. There being no further business to come before the meeting, I hereby adjourn the meeting. The work has now completed. The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.