China’s main memory chipmaker Yangtze Memory Applied sciences is taking a important step in direction of a domestic stock market debut. In response to filings published by China’s securities regulator, Yangtze Memory Applied sciences Retaining Co. has accomplished IPO tutoring registration with the Hubei branch of the China Securities Regulatory Commission, with CITIC Securities acting as its sponsor for a planned public list. Reuters previously reported that the company would possibly presumably well well formally submit its utility for Shanghai’s STAR Market as early as mid-June 2026.
Yangtze Memory, widely identified as YMTC, is China’s most sharp mainland-based mostly integrated tool producer with plump 3D NAND flash memory production capabilities, holding chip indulge in, manufacturing and packaging. The company has modified into a central participant in China’s efforts to sever reliance on international semiconductor suppliers.
The IPO preparations near as ask for memory chips surges globally, fueled in tidy phase by the like a flash expansion of AI infrastructure and records centers. [TechNode reporting]
