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SMIC: 5th Generation Technology Platform Currently in Development Phase
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BlockBeats News, July 15th: The ChangXin Technology STAR Market issuance and listing online investor communication meeting was held. Yuan Yuan, Vice President and Corporate Secretary of ChangXin Technology, stated that the company's fifth-generation process technology platform and related products are currently in the research and development stage. The platform adopts further optimized multi-exposure technology to enhance storage density and array performance. The company's R&D team is actively promoting the development of related processes and product technologies.

Tomorrow, ChangXin Technology will open online subscriptions, with the subscription code "787825". The stock is expected to be listed on July 27th. ChangXin Technology has set the STAR Market IPO price at ¥8.66 per share. Based on the initial issuance size, the expected fundraising is ¥57.919 billion, nearly double the original plan of ¥29.5 billion. If the over-allotment option is fully exercised, the fundraising amount will increase to ¥66.607 billion. This will be Asia's largest IPO this year and the largest semiconductor IPO in A-share history.

Source: BlockBeats

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