Shanghai Stock Exchange accepts Yangtze Memory Technologies STAR Market IPO, prospectus shows planned fundraising of about RMB 33 billion
- The Shanghai Stock Exchange has accepted the STAR Market IPO application of Yangtze Memory Holdings Co., Ltd.
- The prospectus shows the company plans to raise about RMB 33 billion.
- CITIC Securities and CSC Financial are listed as the project's underwriters and sponsors.
- Deloitte, Shanghai AllBright Law Offices, and Beijing Zhongqihua Asset Appraisal Co., Ltd. are serving as the accounting firm, law firm, and appraisal firm, respectively.
- The project has not yet entered the inquiry, listing committee meeting, or registration stages.
According to PANews, the Shanghai Stock Exchange has accepted the STAR Market IPO application of Yangtze Memory Holdings Co., Ltd. The prospectus indicates that the company plans to raise approximately RMB 33 billion.
The project’s underwriters and sponsors are CITIC Securities Co., Ltd. and CSC Financial Co., Ltd. Deloitte Touche Tohmatsu Certified Public Accountants LLP is the accounting firm, Shanghai AllBright Law Offices is the law firm, and Beijing Zhongqihua Asset Appraisal Co., Ltd. is the appraisal firm.
The disclosure materials listed on the SSE website include the prospectus application draft, issuance sponsor letter, listing sponsor letter, audit report, and legal opinion. The report says the IPO process has not yet reached the inquiry stage, the listing committee meeting, or the registration stage.
For markets, the filing is potentially mildly positive for semiconductor and memory-chip related sentiment, but it is not a listing approval and does not by itself change fundamentals or valuation.
上海证券交易所受理长江存储科创板IPO，招股书显示拟募资约330亿元人民币
据PANews报道，上海证券交易所已受理长江存储控股股份有限公司的科创板IPO申请。招股书显示，公司拟募集资金约330亿元人民币。
该项目的承销和保荐机构为中信证券股份有限公司和中信建投证券股份有限公司；德勤华永会计师事务所、上海市锦天城律师事务所和北京中企华资产评估有限责任公司分别担任审计机构、法律顾问和评估机构。
上交所网站披露的文件包括招股说明书申报稿、发行保荐书、上市保荐书、审计报告和法律意见书。报道同时称，该项目尚未进入问询、上市委会议或注册阶段。
就市场影响看，这一受理消息对半导体和存储芯片相关板块情绪可能偏正面，但这还不是上市核准，短期内更多反映的是预期层面的影响。