NAND Maker YMTC’s RMB33 Billion Shanghai IPO Application Accepted · TechNode

Chinese Memory-Chipmaker YMTC Parent Files for $4.9 Billion IPO

Chinese Memory-Chipmaker YMTC Parent Files for $4.9 Billion IPO - China’s leading NAND producer moves toward one of the Shanghai STAR Market’s biggest debut after rival CXMT’s blockbuster listing

NAND maker YMTC’s RMB33 billion Shanghai IPO application accepted · TechNode

Yangtze Memory Technologies Holdings, China’s NAND flash memory maker, has had its application to list on Shanghai’s STAR Market accepted. The company plans to raise RMB33 billion (US$4.9 billion), which would make the offering one of the largest in the market. The proceeds are expected to support production-line upgrades and research and development. Acceptance moves YMTC into a formal IPO process but does not mean that the company has received…

Chinese Chip Maker YMTC Seeks $4.9 Billion IPO

China’s flagship memory chip maker filed for an initial public offering in Shanghai that is set to be among the country’s biggest share sales by a semiconductor maker in years.