Changxin Technology: The fifth-generation process technology platform is currently in the R&D phase.

Changxin Technology held an online investor exchange meeting for its IPO and listing on the STAR Market. Yuan Yuan, Vice President and Secretary of the Board of Directors of Changxin Technology, stated that the company’s fifth-generation process technology platform and related products are currently in the R&D phase. The platform adopts further optimized multi-exposure technology to enhance storage density and array performance, with the company’s R&D team actively advancing the development of relevant processes and product technologies. Changxin Technology will open online share subscription tomorrow, with the subscription code being "787825". The stock is scheduled to list on July 27. The company set its STAR Market IPO price at RMB 8.66 per share. Based on the initial issuance scale, it is expected to raise RMB 57.919 billion, nearly double the original plan of RMB 29.5 billion. If the overallotment option is fully exercised, the fundraising amount will further increase to RMB 66.607 billion. This will be the largest IPO in Asia this year, as well as the largest semiconductor IPO in the history of China’s A-share market.