Commitment Letter Regarding Avoidance of Funds Occupation and Illegal Guarantee by ACM Research, Inc.

Summary

ACM Research, Inc., as the controlling shareholder of ACM Research (Shanghai), Inc., commits that neither it nor its controlled companies have improperly used the funds of the issuer or its subsidiaries, nor have they required the issuer to provide unauthorized guarantees. The company further promises to act lawfully as a shareholder and not to misuse its position to harm the issuer or other shareholders. This commitment is made in connection with the issuer's planned initial public offering and listing on the Science and Technology Board.

EX-10.10 11 ex10_10.htm EXHIBIT 10.10

Exhibit 10.10

Commitment Letter Regarding the Avoidance of Funds Occupation and Illegal Guarantee

Given that ACM Research (Shanghai), Inc. (hereinafter referred to as the “issuer”) intends to apply for an initial public offering and be listed on the Science and Technology Board, the company, as the issuer’s controlling shareholder, now in accordance with the relevant laws, administrative regulations and relevant regulations of the China Securities Regulatory Commission, in order to protect the legitimate rights and interests of the issuer and other shareholders, the company confirms and makes the following commitment:

1. As of the date of this letter, there is no non-operating occupation of the issuer or its holding company’s funds by the company and other companies controlled by the company, and there is no situation in which the issuer or its holding company provides guarantees for the company and other companies controlled by the company in violation of the regulations.

2. The company promises to exercise the rights of shareholders in accordance with the law, and to not abuse the rights of shareholders to damage the legitimate interests of the issuer or other shareholders of the issuer. The company and other companies controlled by the company will not illegally occupy the funds of the issuer or its holding company by borrowing, paying debts, making advances or otherwise, and will not require the issuer or its holding company to provide guarantees in violation of the regulations.

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	ACM RESEARCH, INC.


	Signature: /s/ Hui Wang

	Name: HUI WANG

	Title: Authorized representative


	Date: Year Month Day