The Shanghai Stock Exchange listing review committee will convene on May 27, 2026 to evaluate the initial public offering application of ChangXin Memory Technologies. This semiconductor manufacturer in China is preparing for a significant capital market milestone as it seeks to list its shares publicly.
Shanghai Stock Exchange evaluates semiconductor manufacturer IPO application on May 27, 2026 with projected revenue surge of over 600%.
ChangXin Memory Technologies projects strong financial performance for the first half of 2026. The company expects revenue between 110 billion and 120 billion RMB, which represents a year-over-year increase of 612.53% to 677.31%. Net profit is forecasted at 66 billion to 75 billion RMB, with attributable net profit to parent company owners ranging from 50 billion to 57 billion RMB.
After adjusting for non-recurring gains and losses, the attributable net profit will fall between 52 billion and 58 billion RMB. These projected earnings will fully offset cumulative unremitted losses of 36.65 billion RMB recorded at the end of 2025. The company has demonstrated a substantial turnaround from historical financial deficits to robust profitability.
The IPO review marks a critical juncture for ChangXin Memory Technologies as it aims to secure public listing status. The upcoming committee meeting will determine whether the application proceeds to the next stage of regulatory approval.
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