Yangtze Memory's IPO Advances to Next Review Stage

Deep News

Yesterday

On the evening of September 3rd, the initial public offering (IPO) review status for Yangtze Memory Holdings Co., Ltd. on the STAR Market was updated to "Inquiry."

According to the company's prospectus, after achieving profitability in 2024, earnings have grown rapidly. In the first quarter of 2026 (January to March), Yangtze Memory recorded operating revenue of RMB 47.042 billion and net profit attributable to shareholders of RMB 33.379 billion.

Based on data from TrendForce, the company ranked third globally in both sales amount and shipment volume among NAND Flash manufacturers for the same period, while securing the top position in China.

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