Changxin Technology fully exercised its over-allotment option in its IPO, drawing renewed market attention to China’s domestic storage industry
Golden Finance reported that on August 26, Changxin Technology announced that after its initial public offering and listing on the STAR Market, the over-allotment option had been fully exercised. The company will issue an additional 1.003 billion shares, bringing its total share capital to 67.884 billion shares.
During this over-allotment period, the company’s share price remained consistently above the issue price of RMB 8.66, and the lead underwriter did not use related funds to make purchases in the secondary market.
As an important domestic storage-chip enterprise, Changxin Technology’s IPO performance also reflects the market’s ongoing attention to the semiconductor localization direction. With the continuous growth in AI computing power demand, the storage industry chain is entering a new round of expansion opportunities, and domestic manufacturers are accelerating efforts to strengthen their technological capabilities and market share.$SNDK $BMT $龙虾 #BTR #CSOPSKHYNIX2L #STX #UAİ #MUBARAK
Golden Finance reported that on August 26, Changxin Technology announced that after its initial public offering and listing on the STAR Market, the over-allotment option had been fully exercised. The company will issue an additional 1.003 billion shares, bringing its total share capital to 67.884 billion shares.
During this over-allotment period, the company’s share price remained consistently above the issue price of RMB 8.66, and the lead underwriter did not use related funds to make purchases in the secondary market.
As an important domestic storage-chip enterprise, Changxin Technology’s IPO performance also reflects the market’s ongoing attention to the semiconductor localization direction. With the continuous growth in AI computing power demand, the storage industry chain is entering a new round of expansion opportunities, and domestic manufacturers are accelerating efforts to strengthen their technological capabilities and market share.$SNDK $BMT $龙虾 #BTR #CSOPSKHYNIX2L #STX #UAİ #MUBARAK
