Domestic DRAM Leader Changxin Memory Technologies Lists on Shanghai STAR Board on July 27 with 583 Billion Yuan Valuation

According to ChainCatcher, Changxin Memory Technologies, a leading domestic DRAM IDM manufacturer, will officially list on Shanghai Stock Exchange's STAR board on July 27, 2026, with a valuation of approximately 583 billion yuan. The company is raising 29.5 billion yuan, of which 22.07 billion yuan is allocated for equipment purchases and installation. Industry experts view 2026-2027 as the golden window for domestic semiconductor equipment adoption. Across the supply chain, equipment makers including Northern Huachuang and Micro have begun mass shipments of etching and thin-film deposition tools, while material suppliers such as Yamate Technology and Tongcheng New Materials are ramping up production of advanced process precursors and photoresists.
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