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CHINESE MEMORY MAKER RAMAXEL FILES FOR HONG KONG IPO $RAMAXEL ๐ฅ
Shenzhen Ramaxel Technology, a top-five global independent memory manufacturer, has submitted its listing application to the HKEX with CICC as sole sponsor. The company focuses on embedded storage, SSDs, and DRAM modules, supplying Xiaomi, OPPO, vivo, and TCL.
Post-money valuation stood at roughly 10.8 billion yuan after its 2023 Series D round โ a 1.7x increase from the previous round. With automotive-grade certification and growing demand in AI/data centers, this IPO signals a significant shift in the memory supply chain.
Does this make you look at other semiconductor plays differently?
Not financial advice. Always manage your risk.
#RAMAXEL #IPO #MemoryChips #TechListing #HKEX
๐ฅ
Shenzhen Ramaxel Technology, a top-five global independent memory manufacturer, has submitted its listing application to the HKEX with CICC as sole sponsor. The company focuses on embedded storage, SSDs, and DRAM modules, supplying Xiaomi, OPPO, vivo, and TCL.
Post-money valuation stood at roughly 10.8 billion yuan after its 2023 Series D round โ a 1.7x increase from the previous round. With automotive-grade certification and growing demand in AI/data centers, this IPO signals a significant shift in the memory supply chain.
Does this make you look at other semiconductor plays differently?
Not financial advice. Always manage your risk.
#RAMAXEL #IPO #MemoryChips #TechListing #HKEX
๐ฅ
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