ScienceTechNodeabout 2 hours ago
YMTC's RMB33 Billion Shanghai IPO Application Accepted
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Yangtze Memory Technologies Holdings' application to list on Shanghai's STAR Market was accepted. The NAND flash maker plans to raise RMB33 billion (US$4.9 billion) for production-line upgrades and R&D, moving into formal IPO process without final approval yet.
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