China IPO’s eyes IIid Marid Memory-Chip-Chip-upswing

CXMT, Parents of the Chinese Memory Process (IPO) on the mainland amid the world’s cancellation for memory chips.

CXMT completed the IPO Advisor Recording – Pre-registering pre-registering (CSRC), according to a statement on Monday.

The procedure is the initial condition for the company sought to list in the mainland.

CXMT was founded in Hefei, the capital of Anhui’s eastern province, with US $ 50.3 billion capital ($ 1.34 billion.

China Corp and Capicality City Caplic Caption China and China are IPO supporters, filing displays. No details in the time of the IPO or fund will be raised. IPO, if it passes, will make CXMT player the first team that lists a-Share market list.

CXMT counts Hefei Qwei qweigui jidiaam administrative enterprises in relation to 1.3 percent. Phase III Fcefei a combination of circuits and third, with 12 percent investment, according to the QCC.com.