The progress of Yangtze Memory Technologies’ Initial Public Offering (IPO) review on the Science and Technology Innovation Board (STAR Market) has outpaced expectations. The company’s prospectus was officially accepted on August 21 and swiftly entered the inquiry phase by September 3, accomplishing a process that generally spans 20 trading days in a mere 9 trading days. At this current rate, Yangtze Memory Technologies is poised to officially debut on the public market by the end of this year or early next year. Once listed, it will join ChangXin Memory Technologies as the two major domestic memory enterprises both making their presence felt in the capital market.
