Leading Chinese DRAM memory chip manufacturer (CXMT).
| Date | Round | Amount |
|---|---|---|
| Oct 2025 | Incoming IPO CXMT plans a Shanghai IPO as early as Q1 2026 at a valuation of up to RMB 300 billion (about $42 billion), seeking to raise RMB 20-40 billion with a prospectus expected in November. | — |
| Jul 2025 | Incoming IPO Chinese DRAM maker ChangXin Memory (CXMT) started IPO counseling with the CSRC, a key pre-listing step; last known valuation about $19.5 billion. | — |