On July 27, CXMT made its official debut on the STAR Market, with intraday gains surging over 530% at one point, propelling its market capitalization to 3.61 trillion yuan. This remarkable achievement positioned CXMT as the leader among A-shares, eclipsing Intel’s market value of $465.6 billion (equivalent to approximately 3.15 trillion yuan) based on the US stock market close on July 24. As of the current time, CXMT has witnessed a 526% increase, with its share price standing at 54.4 yuan and turnover exceeding 120 billion yuan.

CXMT stands as China’s premier and most technologically sophisticated integrated enterprise specializing in DRAM research and development, design, and manufacturing. The company is primarily engaged in the R&D, design, production, and sales of DRAM products, which find widespread application in servers, mobile devices, personal computers, smart vehicles, and various other domains.

For this listing, CXMT has successfully garnered the support of 60 institutional shareholders, encompassing local state-owned assets, national-level industrial funds, bank asset investment companies (AICs), insurance funds, and more. Additionally, it has attracted participation from over 30 A-share companies for industrial chain collaboration, further solidifying its position in the market.