Xi'an Unigroup Guoxin Semiconductor has completed its initial public offering counseling process and submitted the final report to local regulators. The company now moves toward a formal listing on China's STAR Market, following ChangXin Memory Technologies' approval earlier this year. This milestone signals that domestic storage chip manufacturers are entering a phase of scaled capital market development.
The semiconductor manufacturer advances toward a formal listing on the STAR Market following regulatory approval milestones.
Unigroup Guoxin Semiconductor operates as a strategic pillar within New Unigroup's broader storage sector. The company holds a 59.63 percent controlling stake under Unigroup Storage Technology Co., Ltd. Chengdu Gaotou Group completed a strategic investment in May to strengthen the firm's financial position ahead of its public offering.
The semiconductor manufacturer possesses twenty years of DRAM technology accumulation inherited from Infineon Xi'an Storage Division. Its core business covers storage particles, known-good-die chips, module systems, stacked high-bandwidth DRAM, and CXL controller chips. The company has already achieved global sales for more than twenty chip models and over forty module products.
Financial records show the company generated 1.83 billion RMB in revenue during 2025, representing a fifty-four percent year-over-year increase. Net profit reached 112 million RMB, marking a successful return to profitability after previous losses. CITIC Securities served as the underwriter for this IPO counseling completion.
This development follows ChangXin Memory Technologies' successful IPO approval on the STAR Market in May 2026. The sequential progress of two major domestic storage chipmakers indicates accelerating industrial scaling within China's memory sector.
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