(CNA, Taipei, 13th) According to comprehensive reports from mainland media, China's Securities Regulatory Commission (CSRC) has approved the registration application for ChangXin Technology Group Co., Ltd. to conduct an initial public offering (IPO) and list on the STAR Market. ChangXin Technology plans to raise RMB 29.5 billion (approximately NT$132.7 billion), second only to SMIC's RMB 53.2 billion, making it the second-largest IPO in STAR Market history and the largest A-share IPO of 2026.
On the 12th, the CSRC website published the 'Approval on the Registration of ChangXin Technology Group Co., Ltd. for Initial Public Offering of Stocks.' ChangXin Technology completed its IPO tutoring filing in July last year and was accepted by the Shanghai Stock Exchange on December 30. In March this year, its STAR Market IPO process was temporarily suspended due to expired financial data.
ChangXin Technology's planned fundraising of RMB 29.5 billion ranks second only to SMIC's RMB 53.2 billion, making it the second-largest IPO in STAR Market history and the largest A-share IPO of 2026.
Founded in 2016 and headquartered in Hefei, Anhui Province, ChangXin Technology is one of China's largest NAND Flash memory companies. It is regarded as a key player in China's efforts to achieve domestic production of NAND Flash and reduce reliance on international giants such as Samsung, SK Hynix, and Micron. (Edited by: Zhou Huiying / Zhu Jianling) 1150613
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- Source: CNA (Central News Agency)
- Category: Funding