Changjiang Storage's Sci Tech Innovation Board IPO enters inquiry stage, domestic storage capitalization accelerates

On September 4th, the Shanghai Stock Exchange updated the IPO review progress, and the review status of the Changjiang Storage Science and Technology Innovation Board project changed from "accepted" to "inquired", marking that this leading domestic storage manufacturer has officially entered a critical stage of capitalization process, and the domestic storage chip industry has reached an important capital milestone.

Changjiang Storage is a core benchmark enterprise in the domestic flash memory field. The company continues to iterate its storage chip technology, steadily increasing the number of flash stack layers, and continuously breaking through in storage density and read-write performance, narrowing the technological gap with international storage giants such as Micron and Kaixia. On the demand side, the recovery of consumer electronics coupled with the explosive demand for high-capacity storage of AI servers has driven rapid growth in global NAND flash memory demand, completely reversing the industry's supply and demand pattern, and the market prosperity continues to rise.

The funds raised from the IPO of Changjiang Storage will be focused on cutting-edge technology research and development of higher stack layer flash memory, expansion of existing production line capacity, and construction of advanced packaging technology platforms. With the support of funds, enterprises will further strengthen their technology research and development and capacity expansion capabilities, helping to fill the gaps in the domestic flash memory industry chain from equipment, materials, wafer manufacturing to advanced packaging, and gradually improve the long-term dominance of overseas manufacturers in the domestic storage chip market.

In the long run, the entry of Changjiang Storage into the capital market will not only provide financial support for the company's own technological iteration and scale expansion, but also accelerate the domestic substitution process of storage chips, improve the local storage industry ecology, and enhance China's voice in the global storage semiconductor market.