According to the issuance schedule, Changxin Technology is set to initiate online subscriptions on July 16 (next Thursday). As a frontrunner in China’s domestic memory chip industry, Changxin Technology successfully cleared the IPO review process on May 27, with its registration officially coming into effect on June 12. For its upcoming listing on the STAR Market, Changxin Technology aims to raise up to 29.5 billion yuan in funds. This ambitious fundraising target is expected to mark the largest IPO on the A-share market this year and rank as the second-largest IPO in the history of the STAR Market, following only SMIC’s record-breaking 53.2 billion yuan offering. The upper limit for online subscriptions for Changxin Technology is set at 1.672 million shares, and to qualify for a top-tier subscription, investors must possess a Shanghai stock market value of at least 16.72 million yuan. Wind data indicates that Changxin Technology is not only issuing the largest number of shares for any new stock this year but also holds the record for the most shares ever issued on the STAR Market. This suggests that the chances of winning shares in the lottery-style allocation process may be relatively high for investors.