According to announcements released on the Shanghai Stock Exchange official website, the Listing Review Committee of the Shanghai Stock Exchange will convene its 27th listing review meeting of 2026 on May 27 to examine the initial public offering application of ChangXin Memory Technologies Co., Ltd.
CXMT previously forecasted its financial performance for the first half of 2026. The company expects to achieve operating revenue ranging from RMB 110 billion to 120 billion, representing a year-on-year growth of 612.53% to 677.31%. Its net profit attributable to parent company shareholders is projected to reach RMB 50 billion to 57 billion, with a year-on-year surge of 2244.03% to 2544.19%. The company plans to raise RMB 29.5 billion through this IPO. The raised funds will be invested in technical upgrading and renovation projects for memory wafer mass production lines, DRAM technology iteration initiatives, as well as forward-looking research and development programs for dynamic random-access memory technologies.
CXMT is fully engaged in the design, R&D, production and sales of DRAM chips. It has built a diversified product portfolio covering DDR and LPDDR series, and offers comprehensive product solutions including DRAM wafers, bare chips and memory modules, which can fully meet market demands from servers, mobile terminals, personal computers, smart vehicles and other fields.
The company operates three 12-inch DRAM wafer fabs in Hefei and Beijing. Based on statistics from Omdia in terms of production capacity and shipment volume, CXMT ranks first in China and fourth worldwide among all DRAM manufacturers.
(Reprinted from https://news.eccn.com/）