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will I two now discuss recent Please turn strategic X. slide to developments.
to on update Shanghai the list STAR we a Market of me XXXX July STAR first let XX just the announced you June On the trading plan STAR Market. began share ACM on new the First prior that on XX, Market. listing. on stocks Shanghai Recall
more prove this are that ACM We for confident its even and development positive a now shareholders. will
US$XXX of million step first the million. investment Shanghai for we at subsidiary private As $XX.X pre-money a qualifying also a valuation a announced into ACM of listing,
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picture, market is the global Research ACM Big committed to opportunity.
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share plan. Finally, in production new an long-term important to I our development want
we several early believe are capacity more facilities, begin may years, look an current at Planning beyond, to we we is even shown our As manufacturing two on add slide -- eight. which need out stage. we
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come. positive of us to To opportunity excellent that years position in the to conclude, in and we participate ahead confident of I'm fabs on build-out for next-generation are
lines. with three-dimensional most we new We to and build packages. are have some production architecture our And customers as industry foundation who expect strategic nodes semiconductor win the to strong tools world their more progress around advanced scale advanced of XD and in a advanced deploying to the customers
over results to Let me call Please. detail. will now discuss financial the Lisa turn who more in
