Yangtze Memory Technologies Holding Co., Ltd. has seen the review status of its initial public offering and proposed listing on Shanghai’s STAR Market change to “inquiry received,” according to ChainCatcher. The status indicates the company has formally entered the Shanghai Stock Exchange’s listing review process, where it will face one or multiple rounds of written questions and answers focused on matters including information disclosure and its science-and-technology credentials. YMTC is described as China’s largest 3D NAND flash memory manufacturer and the country’s only original 3D NAND producer. The company has independently developed the Xtacking architecture and operates as an integrated device manufacturer, covering chip design, manufacturing, and packaging and testing.
Yangtze Memory Technologies Holding Co., Ltd. has had the review status of its initial public offering and planned listing on Shanghai’s STAR Market changed to “inquiry received,” according to ChainCatcher.
The status means YMTC has formally entered the Shanghai Stock Exchange’s listing review process. The review will involve one or multiple rounds of written questions and answers on issues such as the company’s information disclosure and its technology-focused credentials.
YMTC is China’s largest 3D NAND flash memory manufacturer and the country’s only original 3D NAND producer. The company has developed the Xtacking architecture in-house and operates as a memory integrated device manufacturer, covering chip design, production, packaging, and testing.
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