diff --git a/graphify/cache.py b/graphify/cache.py
index 9f8ecba88..3b7fa7209 100644
--- a/graphify/cache.py
+++ b/graphify/cache.py
@@ -37,7 +37,7 @@ except Exception:
     _EXTRACTOR_VERSION = "unknown"
 
 # Bump when AST cache-key semantics change independently of the package version.
-_AST_CACHE_SCHEMA = 20  # Obsidian `[[wikilink]]` targets that start with the scan root's own folder names now resolve to the real page (#4559), so cached markdown extractions re-run; prior (19): Dart `typedef` declarations are extracted as aliases (not variables of type `typedef`); C++ Metal/CUDA GPU qualifiers no longer mint sourceless god nodes (#4550); a `.h` header containing `extern "C"` routes to the C++ extractor; prior (18): Kotlin `typealias` (#4553), C# `delegate` (#4552), and Swift `macro` declarations (#4551) are now extracted so references stop minting sourceless stubs; Rust `use` rooted at a `mod` declared in the same scope carries `_rust_use_name` (#4564); prior (17): Python pytest-fixture markers (`_py_fixture`/`_python_fixture_param`, #4332) and module-level class-id collision salting (#2810); TS `this.field` typed from any method incl. static (#4473); Solidity callables carry `metadata.arity` + inherited-call/`super`/modifier raw calls (#4379); Go type-decl and Rust file-item case-distinct node ids (#4444); prior (16): Rust `use` edges carry the imported name as written (`_rust_use_name`, #4439); (15): Go generic receiver types normalized (`Box[T]` -> `Box`) so methods attach to the type node; prior (14): C# receiver resolution for nameless/`new X()`/`foreach` receivers (defer + receiver-chain markers) and `_`/case-distinct node ids (underscore-salted); prior (13): Kotlin/Scala/C++/Swift generic & template type params no longer mint sourceless stubs; Objective-C NS_ENUM/NS_OPTIONS extraction and `_callable`/`_callable_class` markers; Go and PHP receiver-typed member calls park cross-repo (`go_type_table`/`php_type_table`, receiver fields); prior (12): Java inherited-supertype (`receiver_unbound`) and chained/new/cast receiver typing (`java_receiver_chain`, `_java_ret`); C/C++ quoted cross-directory include provenance (`include_kind`); JS external imports anchored to the package, not the path leaf; prior (11): Python property-accessor decorators / `Self`, Swift `Self`, Go generic type params, Python forward type-hint file node, PowerShell dot-source, C# verbatim-interpolated string recovery; (10): C# partial types carry `type_path`; (9): Python property-read raw calls and `_py_property` nodes; (8): Rust `use`-group per-binding edges; (7): Python opaque-base/super(args) markers + nested-class enclosing ids.
+_AST_CACHE_SCHEMA = 21  # a CommonJS `const X = require('./m')` binding no longer mints a module-scope node that shadows the class the required file exports, so `new X()` resolves to the required declaration (#4621); prior (20): Obsidian `[[wikilink]]` targets that start with the scan root's own folder names now resolve to the real page (#4559), so cached markdown extractions re-run; prior (19): Dart `typedef` declarations are extracted as aliases (not variables of type `typedef`); C++ Metal/CUDA GPU qualifiers no longer mint sourceless god nodes (#4550); a `.h` header containing `extern "C"` routes to the C++ extractor; prior (18): Kotlin `typealias` (#4553), C# `delegate` (#4552), and Swift `macro` declarations (#4551) are now extracted so references stop minting sourceless stubs; Rust `use` rooted at a `mod` declared in the same scope carries `_rust_use_name` (#4564); prior (17): Python pytest-fixture markers (`_py_fixture`/`_python_fixture_param`, #4332) and module-level class-id collision salting (#2810); TS `this.field` typed from any method incl. static (#4473); Solidity callables carry `metadata.arity` + inherited-call/`super`/modifier raw calls (#4379); Go type-decl and Rust file-item case-distinct node ids (#4444); prior (16): Rust `use` edges carry the imported name as written (`_rust_use_name`, #4439); (15): Go generic receiver types normalized (`Box[T]` -> `Box`) so methods attach to the type node; prior (14): C# receiver resolution for nameless/`new X()`/`foreach` receivers (defer + receiver-chain markers) and `_`/case-distinct node ids (underscore-salted); prior (13): Kotlin/Scala/C++/Swift generic & template type params no longer mint sourceless stubs; Objective-C NS_ENUM/NS_OPTIONS extraction and `_callable`/`_callable_class` markers; Go and PHP receiver-typed member calls park cross-repo (`go_type_table`/`php_type_table`, receiver fields); prior (12): Java inherited-supertype (`receiver_unbound`) and chained/new/cast receiver typing (`java_receiver_chain`, `_java_ret`); C/C++ quoted cross-directory include provenance (`include_kind`); JS external imports anchored to the package, not the path leaf; prior (11): Python property-accessor decorators / `Self`, Swift `Self`, Go generic type params, Python forward type-hint file node, PowerShell dot-source, C# verbatim-interpolated string recovery; (10): C# partial types carry `type_path`; (9): Python property-read raw calls and `_py_property` nodes; (8): Rust `use`-group per-binding edges; (7): Python opaque-base/super(args) markers + nested-class enclosing ids.
 
 
 # Per-process memo: distributions() scans site-packages metadata, which is
diff --git a/graphify/extractors/engine.py b/graphify/extractors/engine.py
index e3fafee99..cc9fbae87 100644
--- a/graphify/extractors/engine.py
+++ b/graphify/extractors/engine.py
@@ -3739,6 +3739,19 @@ def _find_require_call(value_node):
         return _find_require_call(obj)
     return None
 
+def _js_value_is_require(value_node, source: bytes) -> bool:
+    """True only when `value_node` is a literal `require(...)` call (or
+    `require(...).x`). `_find_require_call` matches any `identifier(...)` callee,
+    so the module-scope binding guard must name-check the callee; otherwise it
+    also suppresses real `const x = factory()` nodes and breaks #2604/#2552
+    (#4634)."""
+    call = _find_require_call(value_node)
+    if call is None:
+        return False
+    fn = call.child_by_field_name("function")
+    return fn is not None and _read_text(fn, source) == "require"
+
+
 def _require_imports_js(node, source: bytes, importer_nid: str, stem: str, edges: list, str_path: str) -> bool:
     """Detect CommonJS require imports inside lexical_declaration / variable_declaration.
 
@@ -4415,7 +4428,7 @@ def _js_extra_walk(node, source: bytes, file_nid: str, stem: str, str_path: str,
                         # shadowed the class the required file exports, so
                         # `new X()` bound to the local node instead of the
                         # required one (#4621). `var` never produced one either.
-                        and _find_require_call(value) is None
+                        and not _js_value_is_require(value, source)
                         and (
                             is_exported_scalar_binding
                             or value.type in (