China’s leading memory chipmaker Yangtze Memory Technologies is taking a major step toward a domestic stock market debut. According to filings published by China’s securities regulator, Yangtze Memory Technologies Holding Co. has completed IPO tutoring registration with the Hubei branch of the China Securities Regulatory Commission, with CITIC Securities acting as its sponsor for a planned public listing. Reuters previously reported that the company could formally submit its application for Shanghai’s STAR Market as early as mid-June 2026.
Yangtze Memory, widely known as YMTC, is China’s only mainland-based integrated device manufacturer with full 3D NAND flash memory production capabilities, covering chip design, manufacturing and packaging. The company has become a central player in China’s efforts to reduce reliance on foreign semiconductor suppliers.
The IPO preparations come as demand for memory chips surges globally, fueled in large part by the rapid expansion of AI infrastructure and data centers. [TechNode reporting]