Shanghai, 9 July 2026 – ChangXin Memory Technologies is set to begin book-building next week for a 29.5 billion yuan, or about US$4.3 billion, initial public offering in Shanghai, marking one of China’s most important semiconductor listings as Beijing accelerates its push for chip self-sufficiency. The memory chipmaker, widely known as CXMT, is expected to begin book-building on 15 July, with investor subscriptions scheduled for 16 July.