On May 19, the official website of the China Securities Regulatory Commission disclosed that Yangtze Memory Technologies Co., Ltd., a premier domestic manufacturer of storage chips, has officially embarked on IPO counseling, with CITIC Securities and CITIC Construction Investment appointed as the counseling institutions. Established in 2016, Yangtze Memory operates without a controlling shareholder; its largest stakeholder, Hubei Changsheng Development, holds a 26.5442% equity interest. The company's operations encompass the entire industrial chain, covering chip design, manufacturing, packaging, and testing. Its products are extensively utilized in sectors such as mobile communications and data centers.
